Question
Your girlfriend just won the Florida lottery. She has the choice of $17,000,000 today or a 20-year annuity of $1,050,000, with the first payment coming
Your girlfriend just won the Florida lottery. She has the choice of $17,000,000 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?
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
