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An insurance company offers a retirement annuity that pays $50,000 per year for 10 years and sells for $500,000. What is the implied interest rate
An insurance company offers a retirement annuity that pays $50,000 per year for 10 years and sells for $500,000. What is the implied interest rate that this insurance company is offering you
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
