Question
You have just been notified that you have won the $10,000,000 lottery! The prize will be awarded on your 65th birthday which is 25 years
You have just been notified that you have won the $10,000,000 lottery! The prize will be awarded on your 65th birthday which is 25 years from now. If the current discount rate is 1%, what is the present value of your windfall?
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The Law And Economics Of Patent Damages, Antitrust, And Legal Process
Authors: James Langenfeld, Frank Fagan, Samuel Clark
2nd Edition
1800710259, 9781800710252
