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You just paid $445,000 for a policy that will pay you and your heirs $17,900 per year forever with the first payment in one year.
You just paid $445,000 for a policy that will pay you and your heirs $17,900 per year forever with the first payment in one year. What rate of return are you earning on this policy? Multiple Choice O 3.87% 4.22% 4.16% 4.02% 4.29%
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