A. Find the present value of the $50,000 twenty-year annuity. At 10%, the answer is $425,678.
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Business, 27.02.2020 16:44 angehtjgdb
A. Find the present value of the $50,000 twenty-year annuity. At 10%, the answer is $425,678.
b. Find the duration of this annuity. This is easiest using the closed-form equation.
c. Find a package of the bonds that has this duration and this market value.
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