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QUESTION 16 Annuity X promises to pay you $2,000 a year for 25 years in exchange for $19,000 today. Annuity Y has the same riskiness,

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QUESTION 16 Annuity X promises to pay you $2,000 a year for 25 years in exchange for $19,000 today. Annuity Y has the same riskiness, and thus the same discount rate, as Anniity X, and promises to pay you $6,105 per year for 26 years. Find the fair market value of Annuity Y

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