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What formula do I use for this? Step by Step please A security pays dividends of $4,390.05 yearly, forever. If the applicable interest rate is
What formula do I use for this? Step by Step please
| A security pays dividends of $4,390.05 yearly, forever. If the applicable interest rate is 8.31%, what is the current price of this security? | ||||||||
| Answer = | Cash Flow = | |||||||
| r = | ||||||||
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
