Question
Perpetuities are not as rare as one might think. Is there any kind of artificial being (Chapter 1) that has the possibility of being perpetual?
Perpetuities are not as rare as one might think. Is there any kind of artificial being (Chapter 1) that has the possibility of being perpetual? General Electric (GE), be it a corporation or an artificial being, is still going strong after more than 125 years. Could the methodology for determining the present value of a perpetuity be used to value GE, if you know the cash flows from GE?
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short
5th Edition
0073208140, 978-0073208145
