#19 If you are willing to pay $20,350.00 today to receive a perpetuity with the first payment...
Fantastic news! We've Found the answer you've been seeking!
Question:
#19
If you are willing to pay $20,350.00 today to receive a perpetuity with the first payment occurring next year then the payment must be $______. Assume a 5.00% discount rate.
Answer format:Currency: Round to: 2 decimal places.
Posted Date: