subject
Business, 02.03.2020 18:16 madisonrparks

27. Eternal Life Insurance Company wants to sell you an investment policy that will pay you and your heirs $5,000 at the end of each year forever. The price of the policy is $72,000. Given your expertise with time value from Finance 3403, you are concerned that this price may not be fair. If you can earn 8% annually on your money, what would you consider to be a fair price for the policy

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:00
Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.
Answers: 2
question
Business, 22.06.2019 21:30
Consider the following three bond quotes; a treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. if the treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? multiple choice $872.50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $872.50, $1,024.20, $5,072.50, respectively $1,000, $1,000, $1,000, respectively
Answers: 3
question
Business, 23.06.2019 04:40
Which qualifications have an importance level higher than 60 for a career as a customer service representative? select all that apply operation monitoring mathematics service orientation reading comprehension persuasion learning strategies speaking
Answers: 1
question
Business, 23.06.2019 06:00
If a society decides to produce consumer goods from its available resources, it is answering the economic question
Answers: 1
You know the right answer?
27. Eternal Life Insurance Company wants to sell you an investment policy that will pay you and your...
Questions
question
Mathematics, 01.10.2019 18:00
question
Mathematics, 01.10.2019 18:00
question
History, 01.10.2019 18:00
question
Mathematics, 01.10.2019 18:00
Questions on the website: 13722360