What is the present value of a perpetuity of $50,000 received at the end of each year when the interest rate is 7% per annum and the growth rate is 2%?

Select one:

$1,004,100

$709,524

$1,000,000

$808,297

Question 38

Question text

Which of these is not a gearing ratio?

Select one:

return on equity

price to earnings ratio

earnings per share

all of the above