Homework answers / question archive / An investment policy is offering $10,000 per year forever

An investment policy is offering $10,000 per year forever

Finance

Share With

An investment policy is offering $10,000 per year forever. If the required return on this investment is 15 percent, how much will you pay for the policy? Select one: a.$66,667 $ b.$150,000 c.$156,667 d. $77,778