18. Perpetuities and annuities (S2.2) The interest rate is 10%. a. What is the PV of an...

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18. Perpetuities and annuities (S2.2) The interest rate is 10%.

a. What is the PV of an asset that pays $1 a year in perpetuity?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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