Question
the maybe pay life insurance co is trying to sell you an investment policy that will pay yu and your heirs $40,000 per year forever.
the maybe pay life insurance co is trying to sell you an investment policy that will pay yu and your heirs $40,000 per year forever. if the required return on this investment is 5.1 percent, how much will you pay for the policy? Suppose the sales associate told you the policy costs $650,000. At what interest rate would this be a fair deal?
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The Emerald Handbook On Cryptoassets Investment Opportunities And Challenges
Authors: H. Kent Baker, Hugo Benedetti, Ehsan Nikbakht, Sean Stein Smith
1st Edition
1804553212, 978-1804553213
