Question
You are the lucky winner of the $30 million Power ball lottery. You have two options. You can take a lump sum payment today of
You are the lucky winner of the $30 million Power ball lottery. You have two options. You can take a lump sum payment today of $15 million, or take $1 million today and $1 million at the end of the next twenty-nine years. Assuming the interest rate is 8% which option would you choose.
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
