Question
you purchased a winning ticket for a $5 million lottery which pays $ 500,000 immediately and the rest in 9 annual installments. A finance company
you purchased a winning ticket for a $5 million lottery which pays $ 500,000 immediately and the rest in 9 annual installments. A finance company called you and offered you $3 million for it. would you accept the offer if the interest rate is 10%?
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Advertising and Promotion An Integrated Marketing Communications Perspective
Authors: George Belch, Michael Belch
10th Edition
78028973, 978-0078028977
