Whats the present value of a perpetuity that pays $1,000 per year beginning one year from now

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What’s the present value of a perpetuity that pays $1,000 per year beginning one year from now if the appropriate interest rate is 5%? What would the value be if payments on the annuity began immediately?

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Fundamentals Of Financial Management Concise Edition

ISBN: 9781285065137

8th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Jul 18, 2024 07:04 AM

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Whats the present value of a perpetuity that pays $1,000 per year beginning one year from now

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Fundamentals Of Financial Management Concise Edition

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