Assume that you won a 20 million lottery you are to, Financial Accounting

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Assume that you won a 20 million lottery you are to

Assume that you won a $ 20 million lottery. You are to receive $1 million a year for 10 years plus an additional $10 million lump sum payment at the end of the tenth year. What is the present value of this lottery payment schedule at an assumed discount rate of 3 %?

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Financial Accounting: Assume that you won a 20 million lottery you are to

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Financial Accounting: Assume that you won a 20 million lottery you are to

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