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Your friend promises you a perpetuity of paying you some money in each year. The first payment occurs in year 1, the present value of
Your friend promises you a perpetuity of paying you some money in each year. The first payment occurs in year 1, the present value of the promise is $100 and the interest rate is 10%, which of the following is the present value at year zero for the payment made at year 10?
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Development Finance In China Theory And Implementation Enrich Series On Development Finance In China Volume 1
Authors: Enrich Professional Publishing
1st Edition
9814298107, 9814298115, 9789814298117
