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Calculate the present value of a perpetuity that pays $974 per year, if the appropriate interest rate is 6%? Answer: Consider the following timeline: Year
Calculate the present value of a perpetuity that pays $974 per year, if the appropriate interest rate is 6%? Answer: Consider the following timeline: Year 0 1 2 3 4 Cash flows 200 200 200 200 What is present value of $200 regular cash inflow over the four years. Calculate using interest rate of 5.4%
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Introduction To Finance
Authors: Lawrence J Gitman, Jeff Madura
1st Edition
0201635372, 9780201635379
