Question

Insurance company is trying to sell you an investment policy that will pay you Rs.

30,000 per year forever. If the required return on this investment is 5.8% p.a. How

much will you pay for this policy?

(a) 5,32,241.48

(b) 5,17,241.38

(c) 4,82,348.38

(d) 6,48,441.37​

Answer 1

A is the correct answer



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