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4. For a given company: (1) Compute the PV of a preferred stock that pays, in perpetuity, an annual cash flow of Php200 (million) at
4. For a given company: (1) Compute the PV of a preferred stock that pays, in perpetuity, an annual cash flow of Php200 (million) at an annual interest rate of 5%; and (2) Compute the PV of a perpetual bond that pays a monthly cash flow of Php 1,000 at an annual interest rate of 12%
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