Mason just won the Utah lottery. He has the choice of

Last updated: 7/8/2022

Mason just won the Utah lottery. He has the choice of $58,500,000 today or a 30-year annuity of $6,710,000, with the first payment coming one year from today. What rate of return is built into the annuity? 29.06% 10.96% 11.14% 12.41%