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Suppose you have a winning lottery ticket and you are given the option of accepting $ 4 3 0 0 0 0 0 three years

Suppose you have a winning lottery ticket and you are given the option of accepting $4300000 three years from now or taking the present value of the $4300000 now. The sponsor of the prize uses a 8% discount rate. If you elect to receive the present value of the prize now, the amount you will receive is
$3486129
$4300000
$3413469
$3564609
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