Question: a ) Today is Dec. 3 1 , 2 0 5 0 . You are about to invest in a financial claim. Each share of

a) Today is Dec. 31,2050. You are about to invest in a financial claim. Each share of the financial claim promises to pay $300 in one year from today and will make the same payment at the end of each year indefinitely. Assume that the discount rate is 10%.
Determine the price per share of the financial claim.

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