Question
C owns a perpetuity (valued at $8,235) that pays out annual cash flows. If the rate used to value this cash flow stream (J4 =
C owns a perpetuity (valued at $8,235) that pays out annual cash flows. If the rate used to value this cash flow stream (J4 = 6.359%) is expected to remain the same, what is the value of the perpetuity expected to be in exactly seven years?
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
