You have decided to buy a perpetual bond the bond makes one
You have decided to buy a perpetual bond. The bond makes one payment at the end of every year forever and has an interest rate of 5%. If the bond initially costs $1000, what is the payment every year?
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you have been offered a job with an unusual bonus structure as long as you stay with the firm you will get an extra
you have decided to buy a perpetual bond the bond makes one payment at the end of every year forever and has an
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