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Business, 16.07.2020 22:01 kat9323

Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,500 monthly. The contract currently sells for $115,000. a. What is the monthly return on this investment vehicle?
b. What is the APR?
c. What is the effective annual return?

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Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,500 monthly. The contr...
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