The cement is an example of industrial product. An
industrial product is defined as goods that are consumed by companies by means
of producing a consumable good that are to be sold to the consumers or for the
purpose of selling it to another business or company.
Correct me if I am wrong but I believe the answer is A.) enthics.
Answer:
rate = 6.3235%
At a market rate of 6.3235% this will be a fair deal
Explanation:
under perpetuities the principal is never redeem. the investor receive cash payment for an indefinite period of time
This means:
perpetuities present value = C/r
where:
C= annual payment
r= rate
680,000 = 43,000/rate
43,000/680,000 = rate
0.06323529 = rate
rate = 6.3235%
