Thursday
March 30, 2017

Post a New Question

Posted by on .

Determine how much you would be willing to pay for a bond that pays $60 annual interest indefinitely and never matures (i.e., a perpetuity), assuming you require an 8% rate of return on this investment.

  • Finance - ,

    0.08x = 60

    x = 60 / 0.08

    x = 750

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question