Fundamentals Of Financial Management
Fundamentals Of Financial Management
14th Edition
ISBN: 9781305629080
Author: Eugene F. Brigham, Joel F. Houston
Publisher: South-western College Pub (edition 14)
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Chapter 5, Problem 16P
Summary Introduction

To compute: Present value of $100 perpetuity, if the interest rate is 7% and 14%.

Perpetuity: It is a vital concept of corporate finance; it is that annuity, which has regular payment started on particular date and continues for indefinite period of time. It is important as it help in value of stocks, real state and other opportunities of investment.

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Fundamentals Of Financial Management

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