Question
What discount rate would make you indifferent between receiving $3,770.00 per year forever and $5,374.00 per year for 28.00 years? Assume the first payment of
What discount rate would make you indifferent between receiving $3,770.00 per year forever and $5,374.00 per year for 28.00 years? Assume the first payment of both cash flow streams occurs in one year.
2 decimals
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260013987, 9781260013986
