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Suppose you have a winning lottery ticket and you are given the option of accepting $2600000 three years from now or taking the present value

Suppose you have a winning lottery ticket and you are given the option of accepting $2600000 three years from now or taking the present value of the $2600000 now. The sponsor of the prize uses a 5% discount rate. 
If you elect to receive the present value of the prize now, what is the  the amount you will receive?

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