Question
If you find an investment that pays $30 forever. The discount on rate on such an invetment is 6%, this investment is worth how much?
If you find an investment that pays $30 forever. The discount on rate on such an invetment is 6%, this investment is worth how much? What is the formula for determining this?
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
