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You just won the lottery and are trying to decide which payout option to take. If the state offers you the option of equal installments
You just won the lottery and are trying to decide which payout option to take. If the state offers you the option of equal installments of $10,000,000 at the end of each year over the next 25 years, or the option for a cash payout, if you discounted the annuity at 4% compounded annually, what value would make you neutral from a financial standpoint? Group of answer choices $156,220,799 $152,382,718 $250,000,000 $190,405,060
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