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Question 47 2 pts You won the lottery and have a number of choices as to how to take the money. Which choice yields a
Question 47 2 pts You won the lottery and have a number of choices as to how to take the money. Which choice yields a greater present value? (Use a 10% discount/hurdle rate) Period Present Value of $1 at 10% Present Value of an Ordinary Annuity of $1 at 10% 909 1.736 2.487 .909 .826 .751 3.170 .683 .621 3.791 O $100,000 (lump sum) 5 years from now $10,000 a year at the end of each of the next 5 years O Cannot be determined with the information provided $90,000 (lump sum) 4 years from now $65,000 (lump sum) now
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