Business, 21.06.2019 22:30 Gghbhgy4809

An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $

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An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute...

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