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You have won a prize where you can receive $ 1 , 4 5 0 , 0 0 0 today or a payment of $

You have won a prize where you can receive $1,450,000 today or a payment of $x
every year forever, starting one year from today. If the annual interest rate is 4.10%,
what is the minimum value of $x that you would accept?
a. $61,887
b. $194,461
c. $59,450
d. $57,109
e. $237,731
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