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You have just won the Georgia Lottery with a jackpot of $36,000,000. Your winnings will be paid to you in 26 equal annual installments with

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You have just won the Georgia Lottery with a jackpot of $36,000,000. Your winnings will be paid to you in 26 equal annual installments with the first payment made immediately. If you feel the appropriate annual discount rate is 9%, what is the present value of the stream of payments you will receive? $12,276,792.14 $13,747,807.54 $14,168,490.45 $14,985,110.22 $18,272,843.40 You have just won the Georgia Lottery with a jackpot of $36,000,000. Your winnings will be paid to you in 26 equal annual installments with the first payment made immediately. If you feel the appropriate annual discount rate is 9%, what is the present value of the stream of payments you will receive? $12,276,792.14 $13,747,807.54 $14,168,490.45 $14,985,110.22 $18,272,843.40

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