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QUESTION 8 Assume you wona worldwide lottery that pays $5 mitlion in year o. S5s million in year 1 and $200.000 in years 5
QUESTION 8 Assume you wona worldwide lottery that pays $5 mitlion in year o. S5s million in year 1 and $200.000 in years 5 through 100, Assuming that 100 years is as "long" as infinity. calculate the perpetual equivalent annual worth for years 1 through infinity at an interest rate of 10% per year.
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
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