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You just won a lottery that pays you $120,000 a year for 20 years. Are you a millionaire? What if the payments are forever, a

You just won a lottery that pays you $120,000 a year for 20 years. Are you a millionaire? What if the payments are forever, a perpetuity? Assume that r = 10%. (Hint: what is the present value of these cash flow streams?)

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