Question
An investment offers to pay you $21,000 per quarter for the next 10 years (The payments start one quarter after you purchase the investment).If you
An investment offers to pay you $21,000 per quarter for the next 10 years (The payments start one quarter after you purchase the investment).If you require 12% rate of return, how much should you pay for this investment?
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
