1. Consider a perpetuity paying $100 a year. If the relevant interest rate is 8 percent, what...
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1. Consider a perpetuity paying $100 a year. If the relevant interest rate is 8 percent, what is the value of the consol?
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Corporate Finance
ISBN: 9780071229036
6th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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