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You have decided to buy a perpetual bond. The bond makes one payment at the end of every year forever and has an interest rate
You have decided to buy a perpetual bond. The bond makes one payment at the end of every year forever and has an interest rate of 5%. If the bond initially costs $1,000, what is the payment eve year? The payment at the end of each year is $ (Round to the nearest dollar.) You currently have a one-year-old loan outstanding on your car. You make monthly payments of $500. You have just made a payment. The loan has four years to go (i.e., it had an original term of five years). Show the timeline from your perspective. How would the timeline differ if you created it from the bank's perspective? Show the timeline from your perspective. (Select the best choice below.) A. Month Cash Flc B. Month Cash Flc C. Month Cash Flc D. Month Cash Flc Which of the following loan timelines is from the bank's perspective? (Select the best choice below.) A. Month Cash Flow B. Month Cash Flow
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