You have won $ 4500000 in a lottery. Your winnings will be paid to you in equal annual year-end installments of $ 450,000 over 10 years. You estimate that you can earn 6% on your investments. The present value of $1 for 10 periods at 6% is 0.558. The present value of an ordinary annuity of $1 for 10 periods at 6% is 7.360. The present value of your $ 4 comma 500 comma 000 winnings would be closest to: