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Armita has a pension that will make quarterly payments of $2,643.75 (at the end of every quarter) for 17 years (68 payments). The interest rate
Armita has a pension that will make quarterly payments of $2,643.75 (at the end of every quarter) for 17 years (68 payments). The interest rate is r(52) = 9.25%. What is the value of Armita's pension? a. X = $431,166.93. O b. X = $441,244.78. O c. None of the other answers is correct. d. X = $91,697.65. O e. X = $89,603.31. Certainty : C=1 (Unsure: 67%) C=3 (Quite sure: >80%)
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
