Question
The Wanting Life Insurance Co., is trying to sell you an investment policy that will pay you and your heirs $20,000 per year forever, and
The Wanting Life Insurance Co., is trying to sell you an investment policy that will pay you and your heirs $20,000 per year forever, and the first payment will start 3 years from now. If the required return on this investment is 4.80%, how much will you pay for the policy?
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The Entrepreneur's Growth Startup Handbook 7 Secrets To Venture Funding And Successful Growth
Authors: David N. Feldman
1st Edition
1118445651, 978-1118445655
