Your girlfriend just won the lottery . She has the choice of \$1,500,000 today or a 20-year annuity of \$1,050,000, , with the first payment coming one year from today . What rate of return built into the annuity ? Disregard taxes.

Attempts: Score: 1 2. Chapter MC, Sections, Problem 121 Your girlfriend just won the Florida lottery. She has the choice of $11,500,000 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. a. 6.44% b. 5.59% c. 6.58% d. 7.69% e. 5.13% Save & Continue Continue without saving more