Question
would your answer change for the previous question if it was not a perpetuity, but an annuity, with 15 more years to go and
would your answer change for the previous question if it was not a perpetuity, but an annuity, with 15 more years to go and the initial payment amount $2,000,000? the initial payment will be repaid at the end of 15 years) 2. How (Hint: ANNUITY 3 Current Interest: 4 Discount Factor: 5 PV of Cash Flows 6 TOTAL PV: 2 4% Time of payment: Receive (income): ment amount = $2,000,000? 7 8 9 10 11 12 13 14 15
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