(Calculating the present value of a perpetuity) What will be the present value of a perpetual payment...

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(Calculating the present value of a perpetuity) What will be the present value of a perpetual payment of £400 per year if the applicable discount rate is 6 percent? What will be its value if the discount rate is changed to 3 percent?

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Financial Management Principles And Applications

ISBN: 9781292222189

13th Global Edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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