Business, 18.11.2019 18:31 jisalinas5576
After winning the lottery, you state that you are indifferent between receiving twenty $500,000 end-of-the-year payments (first payment one year from today) and receiving a lump-sum payment of $5,734,961 today. what interest rate are you using in your decision-making process such that you are indifferent between the two choices?
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After winning the lottery, you state that you are indifferent between receiving twenty $500,000 end-...
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