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The 49.4 million lottery payment that you just one actually pays 1.9 million per year for 26 years if the discount rate is 8.20% in

The 49.4 million lottery payment that you just one actually pays 1.9 million per year for 26 years if the discount rate is 8.20% in the first payment comes in one year what is the present value of the winnings
What is the present value of the winnings if the first payment comes immediately?

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