Business, 19.02.2020 18:00 abdullahs4639

How much are you willing to pay for an investment that promises to pay $10,000 a year in perpetuity if your required rate of return on this investment is 10 percent and the first $10,000 payment starts in 10 years? Round to the nearest cent. Do not include any unit (If your answer is $111.11, then type 111.11 without $ sign.)

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How much are you willing to pay for an investment that promises to pay $10,000 a year in perpetuity...