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You won the lottery and have a couple of choices as to how to take the money. Which choice yields a greater present value? A.

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You won the lottery and have a couple of choices as to how to take the money. Which choice yields a greater present value? A. $6,000 a year at the end of each of the next 6 years using a 6% discount rate B. $85,000 (lump sum) 7 years from now using a 6% discount rate C. $53,500 (lump sum) now using a 6% discount rate D. $80,000 (lump sum) 7 years from now using an 8% discount rate

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