Question
What's the present value, when interest rates are 8.5 percent, of a $195 payment made every year forever? (Round your answer to 2 decimal places.)
What's the present value, when interest rates are 8.5 percent, of a $195 payment made every year forever? (Round your answer to 2 decimal places.)
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
