What is a perpetuity? Why is the present value of a perpetuity equal to the annual cash

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What is a perpetuity? Why is the present value of a perpetuity equal to the annual cash payment divided by the interest rate? Why doesn’t this chapter provide an equation showing you how to calculate the future value of a perpetuity?

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Principles Of Managerial Finance

ISBN: 9780136945888

16th Edition

Authors: Chad J. Zutter, Scott Smart

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Question Posted: Jul 25, 2024 10:02 AM

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What is a perpetuity? Why is the present value of a perpetuity equal to the annual cash

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Principles Of Managerial Finance

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