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Exercise 2 . . . You win the lottery today: 2.8m (tax free). You plan to retire 20 years from now. You put it all

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Exercise 2 . . . You win the lottery today: 2.8m (tax free). You plan to retire 20 years from now. You put it all in risk free 20yr government bonds, which yield around 3.93% (annually, tax free). Assuming you reinvest all your interest back at 3.93%, how much is your lump sum worth after 20 years

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