At a discount rate of 95 a plot of land that promises to
At a Discount Rate of 9.5%, a plot of land that promises to generate a cash flow of $ 12,000 per year forever Is worth:
a. $ 126,316
b. Its value cannot be calculated.
c. $120,850
d. $ 179,325
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consider the following spot interest rates for maturities of one two three and four years r1 38 r2 42 r3 49 r4 57
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