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Given a 10 percent discount rate, what is the present value of a perpetuity of $1,000 per year if the first payment does not begin
Given a 10 percent discount rate, what is the present value of a perpetuity of $1,000 per year if the first payment does not begin until the end of year 10?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
