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show work plese Problem 2 Assume that you just won $50,000,000 in the Florida lottery, and hence the state will pay you 20 annual payments

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Problem 2 Assume that you just won $50,000,000 in the Florida lottery, and hence the state will pay you 20 annual payments of $2,500,000 each beginning immediately. If the rate of return on securities of similar risk to the lottery earnings is 5 percent, what is the present value of your winnings? Please show your work

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