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Your girlfriend just won the Florida lottery. She has the choice of $10,700,000 today or a 20 -year annuity of $1,050,000, with the first payment

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Your girlfriend just won the Florida lottery. She has the choice of $10,700,000 today or a 20 -year annuity of $1,050,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. 8.71% 7.43\% 5.93% 7.51% 6.08%

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