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5) Starting from today you will deposit $5000 every year in an account for a total of 5 deposits. At the same time that you
5) Starting from today you will deposit $5000 every year in an account for a total of 5 deposits. At the same time that you make the last deposit, you will begin receiving a yearly perpetual constant cash flow from the account. The account pays 8% compounded annually. How much will you receive each year from the perpetuity? A. 2172.81 B. 2260.39 C. 2346.64 D. 2534.37 Correct answer: a
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Quantitative Trading
Authors: Ernest P. Chan
2nd Edition
1119800064, 978-1119800064
