A government issues a security which promises to pay $100 per year indefinitely.
What is it worth if the required rate of return is..
A . $2, 400
B . $1, 400
C . $2, 500
D . $4, 000
Answer: C
A government issues a security which promises to pay $100 per year indefinitely.
What is it worth if the required rate of return is..
A . $2, 400
B . $1, 400
C . $2, 500
D . $4, 000
Answer: C