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Osama Sheikh just won the lottery and is trying to decide between the annual cash flow payment option or the lump sum option. He can
Osama Sheikh just won the lottery and is trying to decide between the annual cash flow payment option or the lump sum option. He can earn 8% at the bank and annual cash flow option is $67,500/year, beginning today forever, while the lump sum amount is $850,000. Which of the two options should Osama choose?
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