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We need to take the cash offer because cash is king

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Reference no: EM133083062

If a $5 million lottery pays $3 million in cash, or offers $5 million in annual installments

We reject the cash offer outright because $3 million is less than $5 million..

We should accept the cash offer if NPV is positive.

We should accept the cash offer if NPV is negative.

We need to take the cash offer because cash is king.

Reference no: EM133083062

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