eBook Time Value of Money: Perpetuities An annuity that goes on indefinitely is called a perpetuity. The payments of a p
Posted: Wed Mar 16, 2022 9:12 am
eBook Time Value of Money: Perpetuities An annuity that goes on indefinitely is called a perpetuity. The payments of a perpetuity constitute a/an -Select- series. The equation is: -Select- finite PV of a perpetuity PMT infinite stock with no maturity is an example of a perpetuity. I Quantitative Problem: You own a security that provides an annual dividend of $140 forever. The security's annual return is 6%. What is the present value of this security? Round your answer to the nearest cent. $