Question
Your father is about to retire and wants to buy an annuity that will provide him with 50000 of income for 25 years beginning from
Your father is about to retire and wants to buy an annuity that will provide him with 50000 of income for 25 years beginning from today. The going rate on such annuities is 7.85%. How much would it cost him yo buy an annuity today?
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
