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10 UN 10 (11 Problem 5-52 (similar to) (Perpetuities) What is the present value of the following? a. A $700 perpetuity discounted back to the

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10 UN 10 (11 Problem 5-52 (similar to) (Perpetuities) What is the present value of the following? a. A $700 perpetuity discounted back to the present at 15 percent b. A $1,500 perpetuity discounted back to the present at 19 percent c. A $210 perpetuity discounted back to the present at 16 percent d. A $50 perpetuity discounted back to the present at 12 percent a. What is the present value of a $700 perpetuity discounted back to the present at 15 percent? $ (Round to the nearest cent.)

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