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Your girlfriend just won the Florida lottery. She has the choice of $ 1 1 , 5 0 0 , 0 0 0 today or
Your girlfriend just won the Florida lottery. She has the choice of $ today or a year annuity of $ with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes.
At a rate of what is the future value of the following cash flow stream?
tableYears:CFs:$$$$$
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