A perpetuity will pay $3000 per year starting seven years after the perpetuity is purchased what is the present value of this perpetuity all the date that it is purchased given that the interest rate is 8%
A perpetuity will pay $3000 per year starting seven years after the perpetuity is purchased what is the present value of this perpetuity all the date that it is purchased given that the interest rate is 8%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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
Transcribed Image Text:A perpetuity will pay $3000 per year starting
seven years after the perpetuity is purchased
what is the present value of this perpetuity all
the date that it is purchased given that the
interest rate is 8%
PLEASE PLEASE DO IT IN EXCEL WITH
FORMULA'S
thankyou
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