Question
Today, an investment that makes payments every year forever sells for $1,200. The payments will grow at 2.25% annually and the next payment amount is
Today, an investment that makes payments every year forever sells for $1,200. The payments will grow at 2.25% annually and the next payment amount is $150. If you purchase this investment today, what annual rate of interest will you earn with this investment?
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Listed Volatility And Variance Derivatives
Authors: Yves Hilpisch
1st Edition
1119167914, 978-1119167914
