A financial instrument pays $ 500 a year for the first ten years, and then $ 750

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A financial instrument pays $ 500 a year for the first ten years, and then $ 750 a year forever. If the current interest rate (discount) rate is 18% in the market, what is the current market value of this instrument?

Posted Date: May 19, 2024 01:18 AM

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A financial instrument pays $ 500 a year for the first ten years, and then $ 750

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