When r, the annual interest (or discount) rate, increases, what happens to the present value of a
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When r, the annual interest (or discount) rate, increases, what happens to the present value of a perpetuity? Why?
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Related Book For
Foundations Of Finance
ISBN: 9781292155135
9th Global Edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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