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Whats the difference in terms of the prices today between an ordinary perpetuity of $100 per year and a delayed perpetuity of the same amount
Whats the difference in terms of the prices today between an ordinary perpetuity of $100 per year and a delayed perpetuity of the same amount with the first payment in year 3?
A. The present value of a lump sum payment of $100 in year 4
B.The present value of a 2-year annuity with an annual payment of $100
C. The present value of a 3-year annuity with an annual payment of $100
D. The present value of a 4-year annuity with an annual payment of $100
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