A perpetuity has an annual payment of $85, and the required rate of the return for this

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A perpetuity has an annual payment of $85, and the required rate of the return for this special type of annuity is 5%. What’s the estimated value of this perpetuity?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Posted Date: Feb 25, 2024 11:45 PM

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A perpetuity has an annual payment of $85, and the required rate of the return for this

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To calculate the estimated value of a perpetuity we use the fo... View the full answer

Contemporary Engineering Economics

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