For problems 2, 3, 4 and 5, answer 3 of these questions. (Wr…
For problems 2, 3, 4 and 5, answer 3 of these questions. (Write “SKIP” to the one you do not want graded) You are offered an investment that will pay $200 a year forever. You require a 20% rate of return. a. What is the name of this type of payment pattern? b. What would you pay for it?