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You have just received notification that you have won the $1.4 million first prize in the Centennial Lottery. However, the prize will be awarded on
You have just received notification that you have won the $1.4 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100 th birthday, 78 years from now. The appropriate discount rate is 8 percent. What is the present value of your winnings? Group of answer choices solve please by finance calculator
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Monetary Policy And Public Finance
Authors: G. C. Hockley
1st Edition
1138704792, 978-1138704794
