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Suppose you have a winning lottery ticket and you are given the option of accepting payments of $400,000 for the next ten years or taking

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Suppose you have a winning lottery ticket and you are given the option of accepting payments of $400,000 for the next ten years or taking $3,500,000 now. What discount rate does the sponsor of the prize use? (3 points) (Show all variables you entered into your calculator or no credit will be given. e.g. PV=, n=... etc.) Please indicate the type of calculator you are using

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