Solution-You have just won the lottery and will receive

You have just won the lottery and will receive 1000000 in

Reference no: EM13570813

You have just won the lottery and will receive $1,000,000 in one year. You will receive payments for 30 years and the payments will increase 2.5 percent per year. If the appropriate discount rate is 6.5 percent, what is the present value of your winnings?

Reference no: EM13570813

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You have just won the lottery and will receive 1000000 in : you have just won the lottery and will receive 1000000 in one year. you will receive payments for 30 years and the

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You have just won the lottery and will receive 1000000 in

Reference no: EM13570813

Reference no: EM13570813

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