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The present value of a $1,000 per year perpetuity at an annual rate of 10% is $10,000. What is the present value of a $1,000
The present value of a $1,000 per year perpetuity at an annual rate of 10% is $10,000. What is the present value of a $1,000 per year 100-year annuity at an annual rate of 10%?
A daily perpetuity of $3.33 is to be valued when the effective annual rate of interest is 8.25%. What is the present value of this perpetuity? (Hint: must use the daily periodic rate - use rate to 8th decimal place, when stated in decimal form).
please answer both questions for full rate
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