Austin bought an annual perpetuity due in 2 0 0 2 that pays $ 4 on even
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Question:
Austin bought an annual perpetuity due in that pays $ on "even" years ie etc. and $ on "odd" years ie etc. Calculate the present value of the perpetuity at an annual effective rate of 5 % .
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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