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Your Friend Just Won the Lottery

question 3

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Your friend just won the lottery.She has the choice of $15,000,000 today or a 20-year annuity of $1,050,000,with the first payment coming 1 year from today.What rate of return is built into the annuity?


Definitions:

Lichen Sclerosus

A chronic skin condition that causes thin, white, patchy areas of skin, mostly affecting the genital and anal areas, which can be painful or itchy.

Dyspareunia

Painful intercourse, which can result from medical or psychological causes, affecting both men and women.

Vulvar Epithelium

The outermost layer of cells covering the vulva, which is the external female genitalia.

Vulvodynia

Chronic pain or discomfort around the opening of the vagina (vulva) for which there's no identifiable cause and which can affect a woman's quality of life.

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