Question: someone offters to pay you $ 9 . 1 1 , at the end of each year, forever. If you're required rate of return is
someone offters to pay you $ at the end of each year, forever. If you're required rate of return is how much would you pay that person today in exchange for their future payments.
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To determine the present value of an infinite stream of future payments we can use the perpetuity ... View full answer
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