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The present value of a $100 per year perpetuity at 10% per year interest rate is $1000. What would be the present value of
The present value of a $100 per year perpetuity at 10% per year interest rate is $1000. What would be the present value of this perpetuity if the payments were compounded continuously?
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The present value of a perpetuity can be calculated as the annual payment di...
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
