Question
WHMaybepay Life Insurance Co. is selling a perpetual annuity contract that pays $3,300 monthly. The contract currently sells for $336,000. What is the monthly return
| WHMaybepay Life Insurance Co. is selling a perpetual annuity contract that pays $3,300 monthly. The contract currently sells for $336,000. What is the monthly return on this investment vehicle? what is the APR? What is the effective annual return? |
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Principles Of Project Finance
Authors: E.R. Yescombe
1st Edition
0127708510, 978-0127708515
