Question
Given an interest rate of 6 percent per year, what is the value at date t = 7 of a perpetual stream of $500 payments
Given an interest rate of 6 percent per year, what is the value at date t = 7 of a perpetual stream of $500 payments with the first payment at date t = 14?
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
