QUESTION 5\ A financial asset with a RRR of

12.30%

is not expected to pay any cash flow for the following seven years. Its first cash flow of

$1.82

is expected to be paid in eight years. The cash flows are expected to stay constant in perpetuity. What should the price of this asset be today?\

$5.85

\

$6.57

\

$7.38

\

$6.46

A financial asset with a RRR of 12.30% is not expected to pay any cash flow for the following seven years. Its first cash flow of $1.82 is expected to be paid in eight years. The cash flows are expected to stay constant in perpetuity. What should the price of this asset be today? $5.85 $6.57 $7.38 $6.46