EA-1 Segment A, Joint Board for Enrollment of Actuaries - 金融分析師

Table of Contents


這題我一直算答案都不對耶~


Purchase date of a perpetuity-due: 1/1/2000

Level payment amount: $100

Frequency of payments: Annual.

Cost of perpetuity: $1,100.

Interest rate for perpetuity: i%, compounded annually.

Immediately following the payment on 1/1/2014, the remaining future payments

are sold at a yield rate of i%. The proceeds are used to purchase an annuity

certain as follows:

Term of annuity: 10 years

First payment of annuity: 1/1/2018.


Frequency of annuity payments: Semi-annual on January 1 and July 1.

Interest rate for annuity: 1/2 i% compounded annually.

In What range is the semi-annual annuity payment?




Ans: $75but less than $77.


請大家教一下吧?!

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All Comments

Olga avatarOlga2007-10-30
Purchase date of a perpetuity-due 打錯了?
Liam avatarLiam2007-11-02