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You have won $10,000 today, $20,000 three years from today, and $60,000 eight years from today. As an alternative, you can receive your winnings as

You have won $10,000 today, $20,000 three years from today, and $60,000 eight years from today. As an alternative, you can receive your winnings as a 10-year annuity with the first payment received four years from today. If you require a 6% return on your investment, how much must the annuity pay you each year for you to select that option?

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