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What is the present value of a promise to receive $300 forever, beginning next year (t=1), if the interest rate is 3% per year
What is the present value of a promise to receive $300 forever, beginning next year (t=1), if the interest rate is 3% per year
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Options Futures And Other Derivatives
Authors: John C. Hull
3rd Edition
0131864793, 9780306457555
