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You win a lottery and are told you won $30,000,000. You actually won $1,000,000 every year for the next 30 years. If the first payment

You win a lottery and are told you won $30,000,000. You actually won $1,000,000 every year for the next 30 years. If the first payment were to be made today and your required rate of return is 11% (effective annual rate), what would you accept today (in dollars) in exchange for all those 30 payments? (Round your answer to three decimal places. For example, 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234. Only type in the number. Do not use $ sign.)

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