Question
A monthly perpetuity of $100 will start 6 months from today. If the discount rate is 6% APR compounded monthly, what is the value of
A monthly perpetuity of $100 will start 6 months from today. If the discount rate is 6% APR compounded monthly, what is the value of the perpetuity today (at time t=0)?
Enter answer as a dollar, rounded to nearest dollar.
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
