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Suppose you just won the state lottery, and you have two options: (1) receiving $2,550,000 now or (2) receiving a 15-year annuity with $250,000 payment

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Suppose you just won the state lottery, and you have two options: (1) receiving $2,550,000 now or (2) receiving a 15-year annuity with $250,000 payment at the end of each year. What rate of return is built into the annuity to make you indifferent with these two options? OA) 6.12% B) 6.24% OC) 5.14% D) 5.38% OE) 5.26%

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