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neongreen | 11 months ago
Turns out that sum of PV($X in 1 year) + PV($X in 2 years) + … converges even though the series is infinite. Look up “perpetual bonds”.
The value of $10 paid annually forever is probably $200-500 depending on [things].
Source: I work in a bank but I’m also shit at finance so take this with a large grain of salt.
morcus|11 months ago
unknown|11 months ago
[deleted]
robertlagrant|11 months ago
koolba|11 months ago