EBK INVESTMENTS
EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 16, Problem 2PS
Summary Introduction

To determine: The possibility for perpetuity carrying an infinite maturity to have a duration of short period of 10 to 20 years.

Introduction: Perpetuity means the payments of cash flows to the investors for an infinite period.

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