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Your are entitled to receive $100 at the end of each year forever, starting on December 31 of year 3. Assuming that you can sell
Your are entitled to receive $100 at the end of each year forever, starting on December 31 of year 3. Assuming that you can sell your right to receive these cash flows, at what price are you willing to sell it? Your time value of money is 3% per annum
Your are entitled to receive $100 at the end of each year forever, starting on December 31 of year 3. Assuming that you can sell your right to receive these cash flows, at what price are you willing to sell it? Your time value of money is 3% per annum
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