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What is the present value of a trust fund that earns 8.8% compounded annually and pays out $3,500 every three months in perpetuity? The next
What is the present value of a trust fund that earns 8.8% compounded annually and pays out $3,500 every three months in perpetuity? The next payment is due to be made today.
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Get StartedRecommended Textbook for
Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
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