
微信扫一扫
实时资讯全掌握
Dr. G invested $10,000 in a lifetime annuity for his granddaughter Emily. The annuity is expected to yield $400 annually forever. What is the anticipated internal rate of return for the annuity? A. Cannot be determined without additional information. B. 4.0% C. 2.5% D. 8.0% |