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A corporation is offering a unique perpetual bond that will pay $50 next year where the $50 will grow at 4%/year in the future. If
A corporation is offering a unique perpetual bond that will pay $50 next year where the $50 will grow at 4%/year in the future. If the market rate is 8.25%/year, what is its current market price?
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The Ascendancy Of Finance
Authors: Joseph Vogl, Simon Garnett
1st Edition
1509509305, 978-1509509300
