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What rate of return are you earning on this policy

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Reference no: EM133124195

Question - You just paid £350,000 for a policy that will pay you and your heirs £12,000 a year forever. What rate of return are you earning on this policy?

a. Not enough information to answer this question

b. 2.43%

c. 29.17%

d. 3.43%

e. 4.33%

Reference no: EM133124195

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