What is the prevailing interest rate if a perpetual bond
What is the prevailing interest rate if a perpetual bond were to pay $100,000 per year beginning next year (time 1) and payments grow with the inflation rate at about 2% per year, assuming the bond costs $1,000,000 today?
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1 a tall starbucks coffee costs 165 a day if the banks quoted interest rate is 6 per annum and coffee prices increased
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what is the prevailing interest rate if a perpetual bond were to pay 100000 per year beginning next year time 1 and
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