Business, 24.12.2019 06:31 hihowareyou12

Bob’s lottery inc. has decided to offer winners a choice of $195,000 in 10 years or some amount currently. assume that bob’s lottery inc. earns a 7 percent after-tax rate of return. what amount should bob's offer lottery winners currently, in order to be indifferent between the two choices? use exhibit 3.1.

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