You have just won the Georgia Lottery with a jackpot of $37,000,000. 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 10%, what is the present value of the stream of payments you will receive?

Question 23 options:

$17,486,687.54

$13,036,730.09

$13,479,978.92

$11,641,799.97

$14,340,403.10