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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,?10,000, with the first payment coming
Mason just won the Utah lottery. He has the choice of $58,500,000 today or a 30- year annuity of $6,?10,000, with the first payment coming one year from today. What rate of return is built into the annuity? O 10.95% 0 29.05% 0 11.14% 0 12.41%
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