A perpetuity that pays 1 at the beginning of each 6-month period has a present value of
Fantastic news! We've Found the answer you've been seeking!
Question:
A perpetuity that pays 1 at the beginning of each 6-month period has a present value of 20 . A second perpetuity pays X at the beginning of every 2 years. Assuming the same effective annual interest rate, the two present values are equal. determine x.
Related Book For
Posted Date: