Business, 10.07.2019 06:00 deaishaajennings123
Bob's lottery inc. has decided to offer winners a choice of $225,000 in 10 years or some amount currently. assume that bob's lottery inc. earns a 12 percent after-tax rate of return. what amount should bob offer lottery winners currently, in order for him to be indifferent between the two choices
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Bob's lottery inc. has decided to offer winners a choice of $225,000 in 10 years or some amount curr...
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