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A security pays $ 8 0 0 every 9 years forever. The appropriate discount rate is 5 % ( EAR ) . What is the
A security pays $ every years forever. The appropriate discount rate is EAR What is the value of the security if the first payment occurs years from now?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
