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The life of annuity A is 10 years whereas the life of annuity B is 20 years. Both annuities will carry the same annual interest
The life of annuity A is 10 years whereas the life of annuity B is 20 years. Both annuities will carry the same annual interest rate and cashflows. This means that the price of annuity B will be twice the price of annuity A. true or false?
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