Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
An investment offers to pay $100 a year forever starting at the end of year 6. If the interest rate is 8%, what is the investment's value today?
An investment offers to pay $100 a year forever starting at the end of year 6. If the interest rate is 8%, what is the investment's value today?
