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    Exam 3: The Time Value of Money Part 1
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    You Win the $5,000,000 Lottery That Pays You $250,000 Per
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You Win the $5,000,000 Lottery That Pays You $250,000 Per

Question 74

Question 74

True/False

You win the $5,000,000 lottery that pays you $250,000 per year over a 20-year period.Given negative interest rates,the lottery has a present value that is less than $5,000,000.

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