7. 10. Calculating perpetuity values [LO 6.1] The Maybe Pay Life Insurance Limited is trying to sell

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7. 10.

Calculating perpetuity values [LO 6.1] The Maybe Pay Life Insurance Limited is trying to sell you an investment policy that will pay you and your heirs $35 000 per year forever. If the required return on this investment is 4.7 per cent, how much will you pay for the policy?

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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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