February 20, 2017

Homework Help: Finance

Posted by Raechell on Sunday, February 26, 2012 at 10:55pm.

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.

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions