Question
39. Tanner owns an investment that is expected to pay him 2,190 dollars per quarter forever with the next payment of 2,190 dollars expected in
39. Tanner owns an investment that is expected to pay him 2,190 dollars per quarter forever with the next payment of 2,190 dollars expected in 3 months from today. The investment has an annual return of 13.92 percent. What is the value of the investment?
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How To Understand Business Finance
Authors: Bob Cinnamon, Brian Helweg-Larsen
2nd Edition
0749460202, 978-0749460204
