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Please show your work so I can see how you solved it, thank you! An asset will pay $100 per month in perpetuity with the
Please show your work so I can see how you solved it, thank you!
An asset will pay $100 per month in perpetuity with the first payment one month from now. If the appropriate discount rate is 4% APR (continuously compounded), what is the present value of the assetStep by Step Solution
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
