If a financial planner promised to pay you $100000 a year forever, what is the maximum amount of money you would pay him today if the interest rate in the market is 5%?
If a financial planner promised to pay you $100000 a year forever, what is the maximum amount of money you would pay him today if the interest rate in the market is 5%?
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8EA: You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how...
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If a financial planner promised to pay you $100000 a year forever, what is the maximum amount of money you would pay him today if the interest rate in the market is 5%?
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