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You just paid $ 375,000 for an annuity that will pay you and your heirs $ 11,400 a year forever. What rate of return are
You just paid $375,000 for an annuity that will pay you and your heirs $11,400 a year forever. What rate of return are you earning on this policy?
3.10 percent
3.04 percent
3.19 percent
3.38 percent
2.79 percent
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