You have a choice between a lottery lump sum payout of $10,0

Assignment Help Finance You have a choice between a lottery lump sum payout of $10,0

Finance

You have a choice between a lottery lump sum payout of $10,0

You have a choice between a lottery lump sum payout of $10,000,000 today or a series of 25 annual an… Show more You have a choice between a lottery lump sum payout of $10,000,000 today or a series of 25 annual annunity payments the first payment will be one year from today ad a discount rate of 6.50% how large must the annual annuity payments be to make you indifferent between the two choices. A. 400,000.00 B. 873,102.77 C. 769,779.17 D. 819,814.81 • Show less

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