Question
A financial instrument pays $362 each year-end in perpetuity. If the relevant discount rate is 13.7% p.a. (effective) the value of the financial instrument today
A financial instrument pays $362 each year-end in perpetuity. If the relevant discount rate is 13.7% p.a. (effective) the value of the financial instrument today is (including cents; dont use the $ sign or comma separators):
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Analysis For Financial Management
Authors: Robert C Higgins
8th International Edition
0071257063, 9780071257060
