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An investment will offer $699 per year forever, starting 4 years from today. If the relevant interest rate is 12% per year (as an EAR),
An investment will offer $699 per year forever, starting 4 years from today. If the relevant interest rate is 12% per year (as an EAR), the value of the investment today is $________.
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
