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You are offered a special set of annunties by your insurance company, whereby you will receive $23,600 a year for the next years, nothing for

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You are offered a special set of annunties by your insurance company, whereby you will receive $23,600 a year for the next years, nothing for the next 10 years, and then 140.000 a year to ve Toowing 12 years. How much would you be willing to pay for these annuities today, the annuities are paid at the be onning of each year Assume the annuities have beta o 1.47. the expected return on the market is 12.4 and the risk free rates 24%

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