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Hi, I want understand more on how change in interest rates affect present value of annuities. From what I understand, if interest rates fall,...
Hi - Appreciate answers to either or both of the quick queries below on Chapter 18 term structure of interest rates: 1) pg 13 introduces "a bank...
In the ActEd CM1 notes, Chapter 13: They discuss the yield to maturity and then go on to ask a question where we solve for gross redemption...
Hello , In the Formulae and Tables(orange book) on page 96-97 there is a note in the last row \[^2A_{x} =A_{x}\] at 8.16% How it is connected to...
An individual aged exactly 65 intends to retire in five years’ time and receive an annuity-certain. The annuity will be payable monthly in...
I'm struggling to understand when to use which formula's, in particular when I should be using E(i) or E(1+i), and I keep using the wrong notation...
On 1st November 1985, a man was in receipt of three annuities mentioned below: Annuity 1: INR 200 p.a. payable annually on 1st February each year,...
