1.You have the opportunity to buy a perpetuity which pays $1,000 annually.Your required rate of return on...
Fantastic news! We've Found the answer you've been seeking!
Question:
1.You have the opportunity to buy a perpetuity which pays $1,000 annually.Your required rate of return on this investment is 12 percent.You should be essentially indifferent to buying or not buying the investment if it were offered at a price of?
(Step by step instructions or calculator steps)
Posted Date: