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Question 12 (4 points) Congratulations: You've just won Powerball. You can chose to receive either: $7 million per year for 20 years, beginning now, or

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Question 12 (4 points) Congratulations: You've just won Powerball. You can chose to receive either: $7 million per year for 20 years, beginning now, or $70 million in a lump-sum now. What rate of return would make you indifferent between the alternatives? Your Answer: Answer units

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