A client is considering two possible investments, each pays $10,000 per year (end of year)....
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Accounting
A client is considering two possible investments, each pays $10,000 per year (end of year). (timeline not required)
A 30-year annuity, 15 percent compounded annually, OR
A perpetuity, 15 percent compounded annually.
Which investment would you recommend and why? (show all calculations)
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