Consider a perpetuity-due that pays 1 at the beginning of every year, forever. The effective annual rate

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Consider a perpetuity-due that pays 1 at the beginning of every year, forever. The effective annual rate of interest isi

. Which one of the following formulas doesn't give the PV of this perpetuity?

Posted Date: May 18, 2024 08:11 PM

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Consider a perpetuity-due that pays 1 at the beginning of every year, forever. The effective annual rate

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