perpetuity

SoccerBoss
Category:
Business & Finance
Price: $5 USD

Question description


(PV of a perpetuity)  If your required rate of return was 12% a year, how much would you pay today for $100 a month forever?  (that is, the stream of $100 monthly payments goes on forever, continuing to be paid to your heirs after your death)

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(Top Tutor) Daniel C.
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School: Boston College
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