Essay
At what interest rate would you be indifferent to a lottery payout today of $2,229,389.17,or 25 equal annual end-of-the-year payouts of $200,000?
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r = 7.50% This is an...View Answer
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Correct Answer:
Verified
r = 7.50% This is an...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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