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Your friend just won the lottery. He has a choice of receiving $ 2 7 0 4 1 0 a year for the next 1
Your friend just won the lottery. He has a choice of receiving $ a year for the next years or a lump sum today. The lottery uses a discount rate. What would be the lump sum your friend would receive?
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A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
