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You won $40 million dollars in the lottery. There are 2 payout options: receive $40 million at once now (option 1) or, receive $5 million

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You won $40 million dollars in the lottery. There are 2 payout options: receive $40 million at once now (option 1) or, receive $5 million a year for the next 10 years (option 2). a. If the annual interest rate is 7%, which option should you choose? b. At what interest rate would you be indifferent between the two options

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