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You just won the Bluegrass lottery and will be receiving $12,000 a month for life. Current interest rates are 8% annually. If you were approached
You just won the Bluegrass lottery and will be receiving $12,000 a month for life. Current interest rates are 8% annually. If you were approached by someone willing to buy this payout for life from you what is the least you would accept for it? Multiple Choice O $1,200,000 $1,800,000 $150,000 $155,520
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