Question
How much would you be willing to pay for an investment that will pay you $5 in cash every year forever if you need to
How much would you be willing to pay for an investment that will pay you $5 in cash every year forever if you need to earn a rate of return of 8%? Note: you may assume that the payments occur at the end of each year.
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
