A perpeuity provides continuous payments with the annual
We are given: A perpeuity provides continuous payments with the annual rate of payments of 1 if t is less than 10, and then 1.05^t if t is greater or equal to 10. The annual effective rate is 8%. What is teh present value at t-0 of the perpetuity?
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we are given a perpeuity provides continuous payments with the annual rate of payments of 1 if t is less than 10 and
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