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You and 11 coworkers just won ​$9 million ​(750,000.00 ​each) from the state lottery. Assuming you each

receive your share over 15 years and that the state lottery earns a 6 percent return on its​ funds, what is the present value of your prize before taxes if you request the​ 'up-front cash'​ option? The present value of your prize before taxes if you request the​ 'up-front cash' option is

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Answer The present value of your prize... View the full answer

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