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Question Given annual effective spot rates: Maturity 1-year 2-year 3-year 4-year Spot Rate 5% 6% 6% 7% A = present value of 3-year annuity-immediate of
Question Given annual effective spot rates: Maturity 1-year 2-year 3-year 4-year Spot Rate 5% 6% 6% 7% A = present value of 3-year annuity-immediate of $100 per year; B= present value of 4-year annuity-due of $100 per year. Calculate A B. Possible Answers A 0.7284 B 0.7500 C 0.7720 D 0.7785
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Your Money The Missing Manual
Authors: J.D. Roth
1st Edition
0596809409, 978-0596809409
