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You just won the lottery! You have two choices for payout of your winnings. You can either choose a payment of $6 million in five
You just won the lottery! You have two choices for payout of your winnings. You can either choose a payment of $6 million in five years' time, or a lump sum of $3.8 million right now.
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
