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John Doe Wins the Lottery and May Pick from the Following

question 39

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John Doe wins the lottery and may pick from the following three choices: John Doe wins the lottery and may pick from the following three choices:   in total. Assume that John Doe uses a discount rate of 5% to evaluate his choices. If he selects the third option, how much is the present value of that alternative?   A) $814,000 B) $900,000 C) $694,980 D) $798,000 in total.
Assume that John Doe uses a discount rate of 5% to evaluate his choices. If he selects the third option, how much is the present value of that alternative?
John Doe wins the lottery and may pick from the following three choices:   in total. Assume that John Doe uses a discount rate of 5% to evaluate his choices. If he selects the third option, how much is the present value of that alternative?   A) $814,000 B) $900,000 C) $694,980 D) $798,000


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