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The following describe some previous J.G. Wentworth purchases. Based on the information, what was the discount rate used in valuing the settlements? a. A

 

The following describe some previous J.G. Wentworth purchases. Based on the information, what was the discount rate used in valuing the settlements? a. A boy fell on ice walking to school and suffered an injury. The homeowner's insurance company paid the medical bills and agreed to make a cash payment of $90,000 in 8 years as compensation. One year after the incident, J.G. Wentworth paid $62,325.97 to buy the settlement.

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