15. You are offered the right to receive $1000 per year forever, starting in one year. If...

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15. You are offered the right to receive $1000 per year forever, starting in one year. If your discount rate is 5%, what is this offer worth to you?

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Fundamentals Of Corporate Finance

ISBN: 9780134475561

4th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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