Question
Your girlfriend just won the Florida lottery. She has the choice of $10,500,000 today or a 20-year annuity of $850,000, with the first payment coming
Your girlfriend just won the Florida lottery. She has the choice of $10,500,000 today or a 20-year annuity of $850,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes.
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Stock Market Investing Playbook
Authors: David Reese
1st Edition
1951595270, 978-1951595272
