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What is fixed value?

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Anonymous

13y ago
Updated: 6/25/2023

Book value fixed annuities pay a declared rate of interest for a specified period. No market value adjustment (MVA) is imposed if the holder withdraws assets before the end of the contract term. MVA products also pay a declared rate of interest for a specified period, and do impose such an adjustment.

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Torrance Durgan

Lvl 10
2y ago

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