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(Solved): You are planning to buy a lottery ticket for the $226,000,000 jackpot. If you have (Option A). the c ...



You are planning to buy a lottery ticket for the

$226,000,000

jackpot. If you have (Option A). the cash option of receiving

$154,300,000

today or you can opt to choose (Option B). the 30 payments of

$7,533,333

. If, your investment account earns

10%

interest compounded annually and average inflation rate is

3%

, what is the future value of OPTION A in 30 years?

You are planning to buy a lottery ticket for the

$226,000,000

jackpot. If you have (Option A). the cash option of receiving

$154,300,000

today or you can cpt to choose



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