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You have won a contest. You have a choice: The contest is offering to pay you $50 million today, or $5 million a year for

You have won a contest. You have a choice: The contest is offering to pay you $50 million today, or $5 million a year for the next 20 years starting one year from today. Assuming you can invest your funds at a 5% interest rate for the foreseeable future, which option will you take and why? Use excel functions and show all calculations.

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