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Kathleen just won a $620,000,000 lottery in Florida. Instead of receiving a lump sum, she found that she would receive $24,800,000 annually (end of year)

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Kathleen just won a $620,000,000 lottery in Florida. Instead of receiving a lump sum, she found that she would receive $24,800,000 annually (end of year) for 25 years. Kathleen is 65 years old and wants her money now. She has been offered $258,500,000 to sell her ticket. What rate of return is the buyer expecting to make it Kathleen accepts the offer? 8.28% 10.85% 13.50% 9.31%

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