Question
You have just won the Georgia Lottery with a jackpot of $53,000,000. Your winnings will be paid to you in 26 equal annual installments with
You have just won the Georgia Lottery with a jackpot of $53,000,000. 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 14%, what is the present value of the stream of payments you will receive?
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The Critical Handbook Of Money Laundering Policy Analysis And Myths
Authors: Petrus C. Van Duyne, Jackie H. Harvey, Liliya Y. Gelemerova
1st Edition
1137523972, 978-1137523976
