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MUST USE EXCEL Calculating Present Values [LO2] You have just received notification that you have won the exist1 million first prize in the Centennial Lottery.

image text in transcribedMUST USE EXCEL
Calculating Present Values [LO2] You have just received notification that you have won the exist1 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 80 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent

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