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A perpetuity pays $100 each and every year forever. The duration of this perpetuity will be __________ if its yield is 8.4%. 7.75 8.40 6.40
A perpetuity pays $100 each and every year forever. The duration of this perpetuity will be __________ if its yield is 8.4%.
- 7.75
- 8.40
- 6.40
- 12.90
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
