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Question 4 Not yet answered Not graded Flag question If you win Set for Life lottery ticket, you can receive CAD 1,000 a week for

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Question 4 Not yet answered Not graded Flag question If you win "Set for Life" lottery ticket, you can receive CAD 1,000 a week for a period of 25 years. Instead of this annuity payment, you can also choose to receive a lump sum payment of CAD 675,000. What would be rate of return you can expect if you take annuity payment option? (in 2 decimal places)

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