For a continuous whole life annuity of $1 on (x): (i) T, is the future lifetime...
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For a continuous whole life annuity of $1 on (x): (i) T, is the future lifetime random variable for (x). (ii) The force of interest and force of mortality are constant and equal. (iii) ā= 12.50. Calculate the variance of this annuity. For a continuous whole life annuity of $1 on (x): (i) T, is the future lifetime random variable for (x). (ii) The force of interest and force of mortality are constant and equal. (iii) ā= 12.50. Calculate the variance of this annuity.
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Fundamentals Of Financial Management
ISBN: 9780273713630
13th Revised Edition
Authors: James Van Horne, John Wachowicz
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