If r is the annually compounded interest rate, what is the present value of a deferred perpetuity

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If r is the annually compounded interest rate, what is the present value of a deferred perpetuity with annual payments of C beginning t years from now?

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Financial Markets And Corporate Strategy

ISBN: 9780077119027

1st Edition

Authors: David Hillier, Mark Grinblatt, Sheridan Titman

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