You Have the Opportunity to Buy a Perpetuity Which Pays

Multiple Choice

You have the opportunity to buy a perpetuity which pays R1,000 annually.Your required rate of return on this investment is 15 percent.You should be essentially indifferent to buying or not buying the investment if it were offered at a price of

A) R5,000.00
B) R6,000.00
C) R6,666.67
D) R7,500.00
E) R8,728.50