Question
An investment offers $6917 per year for 39 years, with the first payment occurring one year from now. If the required return is 8.9 percent,
An investment offers $6917 per year for 39 years, with the first payment occurring one year from now. If the required return is 8.9 percent, what would the value be if the payments occurred forever?
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
