Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10012420304
Persistent link: https://www.econbiz.de/10012420339
Persistent link: https://www.econbiz.de/10015062656
It is well known that the expected present value of a life annuity is smaller than the present value of an annuity certain with term equal to life expectancy. This result can be viewed as a consequence of the lack of interchangeability between the present value operator and the mathematical...
Persistent link: https://www.econbiz.de/10010548722
Persistent link: https://www.econbiz.de/10015062658
Persistent link: https://www.econbiz.de/10012283670