What should james do, He has two choices: first, he may

What should james do

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James just won the lottery for $30 million! He has two choices: first, he may receive $15 million today, or he may receive equal payments of $1 million a year for the next 30 years. Get the instant assignment help. Currently, the discount rate that he could invest the $15 million is 7% compounded annually. What should James do?

Reference no: EM133925385

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