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QUESTION 29 You just won a state lottery! The lottery offers you a choice you may choose a lump sum today or $89 million in

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QUESTION 29 You just won a state lottery! The lottery offers you a choice you may choose a lump sum today or $89 million in 26 equal annual installments at the end of each year Assume the funds can be invested yield) at an annual rate of 7 65% What is the lump sum that would equal the present value of the annual installments? CD SAG 000 000 m 538, 103.612 541083 128 513,092.576 QUESTION 30

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