Question: Calculating Present Value of a Perpetuity Given an interest rate of 5.7 percent per year, .what is the value at date t = 7 of
Calculating Present Value of a Perpetuity Given an interest rate of 5.7 percent per year, .what is the value at date t = 7 of a perpetual stream of $5,000 payments that begins at date t = 15?
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To find the value of the perpetuity at t 7 we first need to use the PV of a pe... View full answer
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