What is the present value of RM34,580 perpetuity per year discounted at 7%? Select one: a. RM245,973.11 b. RM451,980.32 c. RM494,000.00 d. RM321,000.90

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the present value of RM34,580 perpetuity per year discounted at 7%?

Select one:

a. RM245,973.11

b. RM451,980.32

c. RM494,000.00

d. RM321,000.90

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