Re: JNU DOUBTS
Posted by
Homer Simpson on
May 09, 2014; 9:23am
URL: http://discussion-forum.276.s1.nabble.com/JNU-DOUBTS-tp7589117p7589120.html
1) Present value of perpetuity = C/i = 600/0.12 = 5000
2) take C = f+cq (plug values and solve for c)
3) 7% of x = 35, solve for x
“Operator! Give me the number for 911!”