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Rickos Rickos
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6 years ago
A perpetuity will grow at the rate of 5% per year.  One year from the date of purchase, it will pay $50,0000.  If the appropriate discount rate is 10%, what is the value of the perpetuity?
A) $1,000,000
B) $500,000
C) $5,000,000
D) $1,050,000
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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#1
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6 years ago
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Rickos Author
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6 years ago
Correct Slight Smile TY
klyn
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
emilyas19
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2 hours ago
Good timing, thanks!
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