单选题 Given investors require an annual return of 12.5 percent, a perpetual bond (i. e. , a bond with no maturity/due date) that pays $ 87.50 a year in interest should be valued at :
  • A. $1093.
  • B. $875.
  • C. $700.
【正确答案】 C
【答案解析】50/0.125 =$700.