Question
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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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
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