Assuming the same annual effective interest rate the two
A perpetuity payment $1 at the beginning of each 6-month period has a present value of $20. A second perpetuity pays x at the beginning of every 3 years. Assuming the same annual effective interest rate, the two present values are equal. Find x.
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a perpetuity payment 1 at the beginning of each 6-month period has a present value of 20 a second perpetuity pays x at
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consider the cash flows for the following two projectsn a b0 -15000 -200001 3000 26002 x nbsp nbsp nbsp nbsp nbsp nbsp
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