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Trustmark Bank wants to sell you an annuity that pay you $20,000 per year for 30 years. If the required return is 7% how much
Trustmark Bank wants to sell you an annuity that pay you $20,000 per year for 30 years. If the required return is 7% how much will you pay for this policy ( what is the pv)?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
14th edition
1285867971, 978-1305480742, 1305480740, 978-0357686393, 978-1285867977
