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QUESTION 9 You just inherited some money, and a broker offers to sell you an annuity that pays $36,800 at the end of each year

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QUESTION 9 You just inherited some money, and a broker offers to sell you an annuity that pays $36,800 at the end of each year for 20 years. You could earn 4% on your money in other investments with equal risk. What is the most you should pay for the annuity? a $544,957.21 Ob.$536,582.60 O $580,054.02 d. $500,124.01 Oe. $555,425.46 QUESTION 10 What's the rate of return you would earn if you paid $52,000 for a perpetuity that pays $2355 per year! O a3.42% b.4.53% O c. 7.53% Od. 2.48% O. 5.19%

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