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- W2025175061 abstract "An alternative model is presented which can be used when interest rates and future lifetimes are random, for certain annuities. The Wiener stochastic process is a major component in the model, and provides much more randomness than an earlier model. Expressions for the mean values and the standard deviations of the present values of future payment streams are obtained and illustrated. Extensive boundary crossing probabilities for the Wiener stochastic process are given. Numerical comparisons with the earlier model are provided." @default.
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- W2025175061 date "1992-01-01" @default.
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- W2025175061 title "Extra randomness in certain annuity models" @default.
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- W2025175061 doi "https://doi.org/10.1016/0167-6687(92)90059-k" @default.
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