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An insurance company just launched a product that promises to pay an annual income of $10000 for 10 years. With the first income is to

An insurance company just launched a product that promises to pay an annual income of $10000 for 10 years. With the first income is to be paid in 5 years time. The market interest rate is 0.05 and will stay constant. The product selling at $63000. Please advise if a rational investor should buy this product or not and provide reason.

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