What do you think about the Tri-State Megabucks lottery discussed in the chapter advertising a $500,000 prize

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What do you think about the Tri-State Megabucks lottery discussed in the chapter advertising a $500,000 prize when the lump sum option is $250,000? Is it deceptive advertising?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:18 AM

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What do you think about the Tri-State Megabucks lottery discussed in the chapter advertising a $500,000 prize

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Its deceptive but very common The basic concept of time valu...View the full answer

Fundamentals of corporate finance

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