永續年金
永續年金(英語:),是指沒有到期日的年金。沒有到期日,因此沒有終值問題。
永續年金現值的計算方式
- 支付時點為每期期初
- 支付時點為每期期末
其中,PMT為定額現金流量,k為期利率。
參考書籍
- Stephen A. Ross,Randolph W. Westerfield, and Bradford D. Jordan,(2009),Fundamentals of Corporate Finance,9ed.
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