Question
An investment offers a perpetual cash flow of $5,000 every 6 months. Your required rate of return for the investment is 8% per year compounded
An investment offers a perpetual cash flow of $5,000 every 6 months. Your required rate of return for the investment is 8% per year compounded semi-annually. Whats the value of the investment?
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
