Question
If you are willing to pay $41,460.00 today to receive $4,209.00 per year forever then your required rate of return must be ____%. Assume the
If you are willing to pay $41,460.00 today to receive $4,209.00 per year forever then your required rate of return must be ____%. Assume the first payment is received one year from today.
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
If you are willing to pay $27,510.00 today to receive a perpetuity with the first payment occurring next year then the payment must be $______. Assume a 15.00% discount rate.
Answer format: Currency: Round to: 2 decimal places.
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