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You win $ 2 0 M in the lottery. ( don t assume any tax rate ) A ) You choose the lump sum option
You win $M in the lottery. dont assume any tax rate
A You choose the lump sum option and you get immediately. What is the Future value of that choice over the next years assuming a rate of return.
B You choose the annuity option that pays you over the next years at $M per year. What is the future value of that choice assuming rate of return.
C Which option do you choose?
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