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. Suppose you just bought an annuity with 15 annual payments of $6,800 per year at the current interest rate of 11 percent per year.
. Suppose you just bought an annuity with 15 annual payments of $6,800 per year at the current interest rate of 11 percent per year. a. What is the value of your annuity today? (Do not round interme...
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Fundamentals of Investments
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
3rd edition
132926172, 978-0132926171
