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What is the present value of prize before taxes

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Reference no: EM132891317

Question 1: You and 11 coworkers just won ?$19 million ?($1,583,333.33 ?each) from the state lottery. Assuming you each receive your share over 20 years and that the state lottery earns a 6 percent return on its? funds, what is the present value of your prize before taxes if you request the? 'up-front cash'? option?

Reference no: EM132891317

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