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Li Life Insurance Company is paying Cora an annuity due of 234 per year for the next 10 years. Calculate the Modified duration of Cora's
Li Life Insurance Company is paying Cora an annuity due of 234 per year for the next 10 years.
Calculate the Modified duration of Cora's annuity at an annual effective interest rate of 8.2%.
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Multifractal Financial Markets An Alternative Approach To Asset And Risk Management
Authors: Yasmine Hayek Kobeissi
1st Edition
1461444896, 978-1461444893
