What 8-quarter dollar annuity is equivalent to an 8-quarter annuity of = C1?

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What 8-quarter dollar annuity is equivalent to an 8-quarter annuity of = C1?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
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Derivatives Markets

ISBN: 978-0321543080

4th edition

Authors: Rober L. Macdonald

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