Perpetuities and Annuities - Corporate Finance - Ivo Welch
Perpetuities and Annuities - Corporate Finance - Ivo Welch
Perpetuities and Annuities - Corporate Finance - Ivo Welch
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What is the value of a promise to receive $10 forever,<br />
beginning this year, if the interest rate is 5% per year?<br />
10/1