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Author Question: Assuming that you had just won $5,000,000 in the lottery, describe the advantages and disadvantages ... (Read 54 times)

cool

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Assuming that you had just won $5,000,000 in the lottery, describe the advantages and disadvantages of receiving a lump sum today versus a ten-year annuity. Discuss other factors that are relevant or needed to make this decision. No interest rate is given, but different interest rates can be assumed if necessary to answer this problem.



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Marked as best answer by cool on Apr 12, 2019

carolinefletcherr

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