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14. Present value of a perpetuity What is the present value of a $200 perpetuity if the interest rate is 4%? Round your answer to
14.
Present value of a perpetuity
- What is the present value of a $200 perpetuity if the interest rate is 4%? Round your answer to the nearest cent.$
- If interest rates doubled to 8%, what would its present value be? Round your answer to the nearest cent.
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
