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Mason just won the Utah lottery. He has the choice of $58,500,000 today or a 30- year annuity of $6,710,000, with the first payment coming

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Mason just won the Utah lottery. He has the choice of $58,500,000 today or a 30- year annuity of $6,710,000, with the first payment coming one year from today. What rate of return is built into the annuity? 10.96% 11.14% 29.06% 12.41%

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