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E26-23 (similar to) Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: (Click the icon to view
E26-23 (similar to) Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: (Click the icon to view the payout options.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) BuClick the icon to viow Euture \Valua of Ordinan Apnuiteof &1 toblo I BIClick the icon to view Euture Value of $1 table l The present value of the payout is: (Round your answers to the nearest whole dollar.) Option #1: E26-23 (similar to) (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Assuming you can earn 12% on your funds, which option would you prefer? X Data Table uity Option #1: $14,000,000 after five years Option #2: $2,000,000 per year for five years Option #3: $11,000,000 after three years Print Done Cloar AIL Homework: Homework 9 Chapter 26 Score: 0 of 3 pts 2 of 3 (1 complete) E26-23 (similar to) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) E(Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Assuming you can earn 12% on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar.) Option #1: Enter any number in the edit fields and then click Check Answer. parts remaining Clear All PrevioUS
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