25.14 Calculate the duration of a perpetuity that pays $100 at each year-end. Assume the annual discount

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25.14 Calculate the duration of a perpetuity that pays $100 at each year-end. Assume the annual discount rate of 12 percent. What if the discount rate is 10 percent?

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 26, 2024 03:01 AM

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25.14 Calculate the duration of a perpetuity that pays $100 at each year-end. Assume the annual discount

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Corporate Finance

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