SOA Exam FM Sample Question 56
Study guide: Exam FM-2
Aakash has a liability of 6000 due in four years. This liability will be met with payments of A in two years and B in six years. Aakash is employing a full immunization strategy using an annual effective interest rate of 5%.
Calculate |A - B|.
- A) 0
- B) 146
- C) 293
- D) 586
- E) 881
Answer this question and see the worked solution