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Problem with Finance 319
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How would I discount back a perpetuity with odd payments, meaning 5000 dollars every Other year at a 10% discount rate ? What if I don't start getting the payments till 2 years from now? this is a extra credit problem for my Finance 319 final exam and I really need help to figure it out. If there is a financial term to describe this kind of structure I could look up answers to it. Please HELP!!!
Frustrated COllege student
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