Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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you make deposits for 40 years?
10. Calculating Perpetuity Values Larry's Life Insurance Co. is trying to sell
you an investment policy that will pay you and your heirs $25,000 per year
forever. If the required return on this investment is 4 percent, how much will
you pay for the policy?
11. Calculating Perpetuity Values In the previous problem, suppose Larry's
told you the policy costs $645 000 At uk
LO 1
LO 1
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Transcribed Image Text:you make deposits for 40 years? 10. Calculating Perpetuity Values Larry's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year forever. If the required return on this investment is 4 percent, how much will you pay for the policy? 11. Calculating Perpetuity Values In the previous problem, suppose Larry's told you the policy costs $645 000 At uk LO 1 LO 1
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