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Suppose you are offered a government-issued security that promises to pay $100 p.a. forever. If the required return is 11% p.a., what is the most

Suppose you are offered a government-issued security that promises to pay $100 p.a. forever. If the required return is 11% p.a., what is the most that you would be prepared to pay for this security?

Group of answer choices

$90

$1,100

$909

Infinity.

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