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Mu strame c mo resolver Time value and discount rates Personal Finance Problem You just won a lottery that promises to pay you $ 1

Mustrame cmo resolver Time value and discount ratesPersonal Finance ProblemYou just won a lottery that promises to pay you $1,400,000 exactly 15 years from today. A company approaches you today, offering cash in exchange for your winning lottery ticket.
a.(1) The least you will sell your claim for if you can earn a rate of return of 8% during the 15-year period is $

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