Where Y = Yield to Maturity, the Duration of a Perpetuity

question 29

Multiple Choice

Where y = yield to maturity, the duration of a perpetuity would be ________.

• A) y
• B) y/(1 + y)
• C) 1/y
• D) (1 + y)/y

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Definitions:

Social Venture Capitals

Investment funds that provide capital to businesses making a positive impact on social issues, focusing on both financial returns and social outcomes.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.

Wicked Problem

A complex, difficult to define issue without a clear solution and with interconnected elements.

Fully Solved

A situation or problem that has been resolved or addressed completely, leaving no outstanding issues.