(Solved): How to compute g) the payment amount? Given an investment product: 1. Buyer will pay a monthly pre ...

Given an investment product: 1. Buyer will pay a monthly premium for a number of months. 2. The premium paid will earn interest. The rate is the Zero Coupon Rate Zero Coupon Rate has the same definition as presented in Yield Curve Lecture. 3. Starting the next month after the last payment, buyer will start receiving an amount at the end of each month for a number of months. Note: 1 . Interest will continue to be earned throughout the investment and payout periods 2. The final balance should be as close to zero as possible. 3. All Payment Date and Payout Date should follow the Modified Following conventic with End-End rule applied.