what factors would you consider besides the implied interest rate (indifference interest rate) in selecting the payoff style?
what factors would you consider besides the implied interest rate (indifference interest rate) in selecting the payoff style?
Forum 4 If you won the lottery and had the choice of a lump-sum payoff or an annuity payoff, what factors would you consider besides the implied interest rate (indifference interest rate) in selecting the payoff style? Provide a quantitative example to illustrate your choice. Your initial post must be in your own words, be a minimum of 350 words in length. Post at least two peer responses further discussing and exploring the materials covered this week.
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