问题
单项选择题
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.
答案
参考答案：C
解析：
50/0.125 =$700.