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

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You have just won the Mega Millions Lottery with a jackpot of $26,000,000. 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 12%, what is the present value of the stream of payments you will receive? $8,843,139.11 $7,895,659,92 $8,217,802.85 $7,050,824.31 $10,783,323.83

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