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Business, 01.09.2020 18:01, Katepratt7637
You win a lottery with a prize of $1.5 million. unfortunately the prize is paid in 10 equal annual installments. the first payment is next year. how much is the prize really worth? the discount rate is 8 %.
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Answers: 2
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You win a lottery with a prize of $1.5 million. unfortunately the prize is paid in 10 equal annual i...
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