Effective annual return on the investment vehicle
Question:
Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,200 monthly. The contract currently sells for $63,000. What is the monthly return, apr, and effective annual return on this investment vehicle?
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What is the difference between Kamath's and Gehr's required rates of return?
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The contract currently sells for $63,000. What is the monthly return, apr, and effective annual return on this investment vehicle?
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Professor Foley conducted a cola taste test. Each participant in the experiment first tasted 2 ounces of Coca-Cola, then 2 ounces of Pepsi.
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