Katy won the texas lottery she can take a single lump-sum
Katy won the Texas lottery. She can take a single lump-sum payout of $12.5 million dollars or receive $825,000 per year for the next 25 years. What rate of return would Katy need to break even if she took the lump-sum amount instead of the annuity?
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katy won the texas lottery she can take a single lump-sum payout of 125 million dollars or receive 825000 per year for
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