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Tyshawn owns a perpetuity that pays him 100 per month indefinitely. His friend Marcus offers to the perpetuity for 12000. If Tyshawn strictly refuses the
Tyshawn owns a perpetuity that pays him 100 per month indefinitely. His friend Marcus offers to the perpetuity for 12000. If Tyshawn strictly refuses the offer,what must be true about Tyshawn required return stated as an APR?
A.required return < 0.83% APR
B.required return > 0.83% APR
C.required return >10.00% APR
D.required return <10.00% APR
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