10. 23. Valuing perpetuities [LO 6.1] Live Forever Life Insurance Ltd is selling a perpetuity contract that...
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10. 23.
Valuing perpetuities [LO 6.1] Live Forever Life Insurance Ltd is selling a perpetuity contract that pays $1 250 monthly. The contract currently sells for $245 000. What is the monthly return on this investment vehicle? What is the APR? The effective annual return?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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