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1. Why is it important to implement financial policies and procedures?

2. Keri, age 30, is the beneficiary of an annuity that will pay her $300 per week for life. (a) At 4%, calculate the current value of this life income interest. (Remember to adjust for the weekly payment.) (b) At 12%?

3. If the 10 percent present value ordinary annuity factor is 8.5136 and the 11 percent PVAF is 7.9633, a PVAF of 8.1234 correlates to an internal rate of return of __________________.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92739325

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