Question
Here's my Finance question, 2 parter, thanks in advance! What is the value of an investment that pays $25,000 every other year forever, if the
Here's my Finance question, 2 parter, thanks in advance!
What is the value of an investment that pays $25,000 everyotheryear forever, if the first payment occurs one year from today and the discount rate is 9 percent compounded daily?
What is the value today if the first payment occurs four years from today?
Appreciate your help.
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
