49. Perpetuities. A local bank will pay you $100 a year for your lifetime if you deposit...

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49. Perpetuities. A local bank will pay you $100 a year for your lifetime if you deposit $2,500 in the bank today. If you plan to live forever, what interest rate is the bank paying? (LO4)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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Question Posted: Jul 31, 2024 09:01 AM

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49. Perpetuities. A local bank will pay you $100 a year for your lifetime if you deposit...

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Fundamentals Of Corporate Finance

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