Multiple Choice
Find the annual interest rate that would create a perpetual cash flow stream of $15,000 when the present value of the asset is $100,000.
A) 0.15 percent
B) 15 percent
C) 0.1765 percent
D) 17.65 percent
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q42: The optimal amount of studying is determined
Q43: What is the marginal benefit associated
Q44: The value of the firm is the:<br>A)
Q45: If marginal costs exceed marginal benefits,then:<br>A) the
Q46: Marginal benefits are the:<br>A) incremental benefits of
Q48: If a producer offers a price that
Q49: Suppose total benefits and total costs are
Q50: If the interest rate is 5 percent,what
Q51: Economics:<br>A) exists because of scarcity.<br>B) is not
Q52: The first-order condition for maximizing net benefits