Question
If you were offered the chance of an investment in a mango orchard in North Queensland and you were promised a return of $18,000 per
If you were offered the chance of an investment in a mango orchard in North Queensland and you were promised a return of $18,000 per year forever, with the first payment being in one year from now, what is the maximum amount you would be prepared to pay for such an investment if you required a return of 12.39%?
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Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
Authors: Robert A.Weigand
1st edition
978-111863091, 1118630912, 978-1118630914
