This article deals with the Cash flow in respect of an Endowment Assurance Plan and the method of calculating Capital Requirement, IRR and Profit Signature. The Excel File "CASH-FLOW-DEMONSTRATON", is to be opened along with this article CLICK HERE
This is continuation of the article Response to Press Report -- Part I posted on 28th February 2015. In addition, I have also attempted to calculate the net worth of the LIC CLICK HERE