Question
You just paid$333,000 for an annuity that will pay you and your heirs$13,000 a year forever. What rate of return are you earning on this
You just paid$333,000 for an annuity that will pay you and your heirs$13,000 a year forever. What rate of return are you earning on this policy?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
