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Question 1 1.5 pts You win the lottery and are told you won $36000000. You actually won $1000000 every year for the next 36 years.

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Question 1 1.5 pts You win the lottery and are told you won $36000000. You actually won $1000000 every year for the next 36 years. If the first payment were to be made today and your required rate of return is 10% (effective annual rate) what would you accept today (in dollars) in exchange for all those 36 payments? (Round your answer to three decimal places. For example, 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234)

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