1.Assuming a discount rate of 6% p.a., what is the fair value of a perpetuity that promises...
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Question:
1.Assuming a discount rate of 6% p.a., what is the fair value of a perpetuity that promises to pay $2,500 at the end of this year and for each year ever after?
$2,358.49
$62,500.33
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$41,666.67
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