1a)What is the PV of $500 received 60 years from now at an interest rate...
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Finance
1a)What is the PV of $500 received 60 years from now at an interest rate of 10% per anum?
1b)If the PV of a $85 bond is $80, we conclude that investing in the bond is worthwhile.
Select one:
a)True
b)False
1c)Please select the statement which is incorrect
Select one:
A.The FV of a perpetuity is Coupon payment divided by the rate of interest
B.A perpetuity has no maturity
C.Perpetuity is a type of bond
D.A perpetuity is a kind of annuity
(in numerical types question kindly solve in detail with formulae)
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