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QUESTION 50 You win the lottery and are given the option of receiving $250,000 now or an annuity of $25,000 at the end of each

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QUESTION 50 You win the lottery and are given the option of receiving $250,000 now or an annuity of $25,000 at the end of each year for 10 years. Which o the following is correct? (ignore taxes) You will choose the annuity payment if the interest rate is 7%. You will always choose the annuity. Comparing the future value of the two alternatives will lead to a different decision than you will reach from a comparison of the present values. 0 You will always choose the lump regardless of interest rates. You w choose the annuity payment if the interest rate is 20%

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