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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 anmuity-due of $100 per year. Calculate A / B

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