Question
What is the present value of a perpetuity that pays you annual, end-of-year payments of $ 2,129? Use a nominal rate of 9.29 %. SET
What is the present value of a perpetuity that pays you annual, end-of-year payments of $ 2,129? Use a nominal rate of 9.29 %.
SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND TO THE NEAREST WHOLE NUMBER AT THE END. DO NOT ENTER THE $ SIGN SYMBOL..i.e. if your answer is $1,000 enter it as 1000.
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
