You have just struck oil in the middle of your hay field an
You have just struck oil in the middle of your hay field. An oil company has offered to pay you a perpetual annuity of $12,500 per year for rights. What is the value of the offer, assuming a 10% discount rate?
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you have just struck oil in the middle of your hay field an oil company has offered to pay you a perpetual annuity of
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