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That is two investments. The first one allows you to receive e 1,500 each year, and this in perpetuity (the security is freely transferable to
That is two investments. The first one allows you to receive e 1,500 each year, and this in perpetuity (the security is freely transferable to heirs). The second one allows to receive 3 000 at the end of each year for the next twenty years. Under which conditions is the second investment more interesting?
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