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(1 point) A perpetuity pays 1750 dollars on January 1 of 1980, 1982, 1984, ..., and pays X dollars on January 1 of 1981,
(1 point) A perpetuity pays 1750 dollars on January 1 of 1980, 1982, 1984, ..., and pays X dollars on January 1 of 1981, 1983, 1985, ... If the present value on January 1, 1975 is 25500 dollars, and the effective rate of interest is 8.2 percent, what is X? Answer= dollars.
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Answer Rage NOOD 1750v 9 0082 Present value of the cash blow PV 1750 195 X 16 1750 7 V i Ef...
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
