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You are the winner of the $10 million lottery jackpot. The first decision you need to make is whether to tale youre winning in 25

You are the winner of the $10 million lottery jackpot. The first decision you need to make is whether to tale youre winning in 25 annual payments of $400000 each, or to elect the $10 million lump sum up front. Discuss how you arrive at your decision. Your decision should be dependent on the prevailing interest rate for save investment.

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