Question: Question Completion Status: Question 3 10 points Save Answe An investment offers a perpetual stream of $40,000 annual payments. The first payment will be received

Question Completion Status: Question 3 10 points Save Answe An investment offers a perpetual stream of $40,000 annual payments. The first payment will be received in 10 years, The interest rate is 4.5% per year. What is the value of this investment today? 888,888.89 598,137.26 572.380.16 598,137.27 None of the above. Question 3 of 10 Moving to another question will save this response -> A Moving to another question will save this response. Question 2 of 10 Question 2 10 points The price of the bond is $1,130.35. The bonds make annual payments, has a YTM of 5.6% and it matures in 5 years. Calculate the coupon rate. 2.6596 4.31% 1.3196 8.63% None of the above
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