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2. You just paid $750,000 for a perpetuity that will pay you and your heirs $42,000 a year forever. What rate of return are you
2. You just paid $750,000 for a perpetuity that will pay you and your heirs $42,000 a year forever. What rate of return are you earning on this policy?
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Elements Of Financial Risk Management
Authors: Peter Christoffersen
2nd Edition
0128102357, 9780128102350
