=+Problem 5.1 (a) What is the value of a perpetuity of 600p (6) a year if the

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=+Problem 5.1

(a) What is the value of a perpetuity of 600p (£6) a year if the interest rate is 12 per cent and the first payment is due in one year’s time?

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Corporate Finance For Business The Essential Concepts

ISBN: 9783030924188

2nd Edition

Authors: Ronny Manos, Keith Parker, D. R. Myddelton

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