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A perpetuity immediate has payments of 1.08, 1.082, 1.083, etc. What is the Macaulay duration of this annuity at an annual rate of 10%? Need
A perpetuity immediate has payments of 1.08, 1.082, 1.083, etc. What is the Macaulay duration of this annuity at an annual rate of 10%? Need some help here. Thank you.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
