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You received a grand prize at the Oscars. As your prize, you are expected receive $35,000 every week for the next 5 years. Your first
You received a grand prize at the Oscars. As your prize, you are expected receive $35,000 every week for the next 5 years. Your first payment will be made immediately. If you can earn 5% return on your investment, what is this prize worth to you today? A. approx. $9,970,056 OB. approx. $8,055,985 OC. approx. $7,462,155 OD. approx. $8,148,246
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