Ask your own question, for FREE!
Mathematics 10 Online
OpenStudy (anonymous):

What is the present value of owning a bond that pays its first interest a year from now if the bond pays interest forever and never pays back the face value (a perpetual bond)?

OpenStudy (anonymous):

Is it simply PV=ye^(-rt)?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!