Question
If you are willing to pay $20,149.00 today to receive a perpetuity with the first payment occurring next year then the payment must be $______.
If you are willing to pay $20,149.00 today to receive a perpetuity with the first payment occurring next year then the payment must be $______. Assume a 13.00% discount rate. Submit Answer format: Currency: Round to: 2 decimal places
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
