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Suppose there is no inflation and an insurance company

Suppose there is no inflation and an insurance company offers a contract that would pay $500,000 with certainty 50 years from now. What is the most that this contract would be worth today if:

1. The rate of interest is 7%.

2. The rate of interest is 3%.

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Computer Network Security: Suppose there is no inflation and an insurance company

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Computer Network Security: Suppose there is no inflation and an insurance company

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