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Question 1 (5 points) Your girlfriend just won the Florida lottery. She has the choice of $11 500,000 today or a 20-year annuity of $1,050,000,

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Question 1 (5 points) Your girlfriend just won the Florida lottery. She has the choice of $11 500,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. 1 7.69% I 6.44% 5.13% (11) 6.58% vious Page Next Page Page 1 of 10 Submit Qulz 0 of 20 questions saved

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