Question
You are offered an investment that will pay you an annual perpetuity. The amount you must pay now to purchase the investment is $283,000. You
You are offered an investment that will pay you an annual perpetuity. The amount you must pay now to purchase the investment is $283,000. You expect to receive a return of 8% on the investment. What annual payment will you receive on this investment?
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
