An investment pays $1,000 at the end of each year in perpetuity, with the first payment occurring six years from today. If the discount rate is 9% per year, the present value of the investment today is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
An investment pays $1,000 at the end of each year in perpetuity, with the first payment occurring six years from today. If the discount rate is 9% per year, the present value of the investment today is closest to: