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Please get to me soon. Thanks for any help on it. Your aunt is about to retire, and she wants to sell some of her
Please get to me soon.
Thanks for any help on it.
Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $50,000 per year for 30 years, beginning a year from today. The going rate on such annuities is 6.2927%. How much would it cost her to buy such an annuity today? O $574,924 $605,183 O $635,442 O $667,214 O $700,575 Suppose a U.S. treasury bond will pay $2,500 five years from now. If the going interest rate on 5-year treasury bonds is 3.2377%, how much is the bond worth today? O $1,928.78 O $2,030.30 O $2,131.81 O $2,238.40 O $2,350.32
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