Illustrate what is the price of perpetuity that has coupon

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Q. Illustrate what is the price of perpetuity that has a coupon of $50 per year also a yield to maturity of 2.5%? If the yield to maturity doubles to 5%, illustrate what will happen to its price?

Q. Ian, a lawyer, sent an offer to Raymond on October 1 offering to sell Ian's car for $5,000. The offer did not contain a provision stating when it would terminate. Under these circumstances, when will that offer terminate? Business law question

Reference no: EM1390727

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