The King of France offers you an investment opportunity that would pay you $60 per year forever. If comparable investmen
Posted: Tue Nov 16, 2021 8:19 am
The King of France offers you an investment opportunity that would pay you $60 per year forever. If comparable investments offer yields to maturity of 4% annually, what is the fair price of this investment opportunity? O A $624 OB. Impossible to determine, because it will be infinitely large OC. $1500 O D. $2400