What rate of return is built into the annuity disregard
Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes.
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suppose you just won the state lottery and you have a choice between receiving 2550000 today or a 20-year annuity of
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