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you have a perpetual bond that pays interest forever annual interest = I $10 $10 $10 g 0 0 0 r = required return 5
you have a perpetual bond that pays interest forever
| annual interest = I | $10 | $10 | $10 |
| g | 0 | 0 | 0 |
| r = required return | 5 | 7 | 10 |
| po=Vo |
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Financial Risk Manager Handbook
Authors: Philippe Jorion, Global Association Of Risk Professionals
5th Edition
0470479612, 978-0470479612
