Question
British government 4.5% perpetuities pay 4.5 interest at the end of each year forever. Another bond, 3.0% perpetuities, pays 3.00 a year forever. a. What
| British government 4.5% perpetuities pay 4.5 interest at the end of each year forever. Another bond, 3.0% perpetuities, pays 3.00 a year forever. |
| a. | What is the value of 4.5% perpetuities if the long-term interest rate is 6.5%? (Round your answer to 2 decimal places.) |
| Perpetuity value |
| b. | What is the value of 3.00% perpetuities? (Round your answer to 2 decimal places.) |
| Perpetuity value |
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The Cyber Attack Survival Manual
Authors: Heather Vescent ,Nick Selby
1st Edition
1681886545, 978-1681886541
