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You just won the lottery worth After reading the fine print you learn that you have two options Option A Take the cash value of million today before taxes Option B You are guaranteed to receive grad

You just won the lottery worth After reading the fine print you learn that you have two options Option A Take the cash value of million today before taxes Option B You are guaranteed to receive grad

You just won the lottery worth After reading the fine print you learn that you have two options

Option A Take the cash value of  million today before taxes

Option B You are guaranteed to receive  graduated payments over  years The first payment is made today These payments will increase by per year until the final payment The first payment, received today equals 

Assuming a required rate of return of  calculate the present value of Option B

mahesh 13-Feb-2020

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