What is the present value of a perpetuity of P15,000 payable every end of 3 months if money is worth 9% compounded monthly

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 9PROB
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What is the present value of a perpetuity of P15,000 payable every end of 3 months if money is worth 9% compounded monthly
Transcribed Image Text:What is the present value of a perpetuity of P15,000 payable every end of 3 months if money is worth 9% compounded monthly
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