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[Solved]: 8.33points ItemSkipped eBook Print References
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(Solved): 8.33points ItemSkipped eBook Print References Check my workCheck My Work button is now disable ...



8.33points ItemSkipped eBook Print References Check my workCheck My Work button is now disabled Item 9 Joan Lucky won the $40 million lottery. She is to receive $1.4 million a year for the next 20 years plus an additional lump-sum payment of $12.0 million after 20 years. The discount rate is 11 percent. What is the current value of her winnings? Use Appendix B and Appendix D. (Round "PV Factor" to 3 decimal places. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Current Value $



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