Question
An investment offers a perpetual cash flow of $55,000 each year forever. The return you require on such an investment is 12%. What is the
An investment offers a perpetual cash flow of $55,000 each year forever. The return you require on such an investment is 12%. What is the value of this investment?
| $389,450.37 | ||
| $458,333.33 | ||
| $6,600 | ||
| $584,321.56 | ||
| $660,000 |
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
