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While shopping for groceries, you purchase a cash for life lottery ticket. After scratching the ticket, you find our you won the jackpot. OLG offers

While shopping for groceries, you purchase a cash for life lottery ticket. After scratching the ticket, you find our you won the jackpot. OLG offers you two options: 30 payments of $1 million per year, starting today, or $15 million (lump sum) paid today. If interest rates are 6%, which option would you take?

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