A perpeuity provides continuous payments with the annual


We are given: A perpeuity provides continuous payments with the annual rate of payments of 1 if t is less than 10, and then 1.05^t if t is greater or equal to 10. The annual effective rate is 8%. What is teh present value at t-0 of the perpetuity?

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Financial Management: A perpeuity provides continuous payments with the annual
Reference No:- TGS02658610

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