You have just won the lottery and will receive $560,000 in one year. You will receive payments for 25 years, and the payments will increase 4 percent per year. If the appropriate discount rate is 11 percent, what is the present value of your winnings? Multiple Choice $6,430,183 $41,221 $32,769,086 $6,172,976 $6,430,183 $41,221 $32,769,086 $6,172,976 $32,769,086