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You have won the Powerball, for $50,000,000. You have a choice between a payment of $5 Million a year for 10 years or a lump

You have won the Powerball, for $50,000,000.
You have a choice between a payment of $5 Million a year for 10 years or
a lump Sum of $38 Million paid right away.
With a discount rate of 7.5% which offers the highest PV?

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