Documents The present value of a perpetuity-immediate is

A perpetuity is an annuity whose term is infinite (i.e., an annuity whose payments continue forever). The present value of a perpetuity-immediate is a –– | = v + v2…

Documents The present value of a perpetuity-immediate is

A perpetuity is an annuity whose term is infinite (i.e., an annuity whose payments continue forever). The present value of a perpetuity-immediate is a –– | = v + v2…