Posted by Brian on Saturday, July 10, 2010 at 8:04pm.
You have just won the lottery and will receive $1,000,000 in one year. You will receive payments for 30 years, which will increase 5 percent per year. The appropriate discount rate is 8 percent.
What is the present value of your winnings?

Finance  Anonymous, Tuesday, September 15, 2015 at 11:07am
10.000.000