Question: A perpetuity pays $ 1 0 0 each and every year forever. The duration of this perpetu if its yield is 9 % . a

A perpetuity pays $100 each and every year forever. The duration of this perpetu if its yield is 9%.
a.7
b.9
c.9.39
d.12.11
A perpetuity pays $ 1 0 0 each and every year

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