Business, 15.05.2021 04:10 reycaden

You are attempting to price a 25 year annuity due for your insurance company. Payments of $3,500 for this annuity due start at the beginning of each year. The investment team at your company guarantees a return of 8%. What is the lowest price your company should offer?

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You are attempting to price a 25 year annuity due for your insurance company. Payments of $3,500 for...

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