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Question 24 (4 points) Listen Tom just won a lottery that promises to pay $1 million exactly ten years from today. Because the lottery is

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Question 24 (4 points) Listen Tom just won a lottery that promises to pay $1 million exactly ten years from today. Because the lottery is guaranteed by the state in which you live, he can sell the claim today for an immediate lump-sum cash payment. If he can earn 6% return on similar risk investments during the 10-year period, how much can he sell the claim for today? $520,112.79 $463,193.49 $558,394.78 $517.863.24 Previous Page Next Page Page 24 of 25

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