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2. Perpetuity Find the present value (as of today) of each of the following perpetuities. The interest rate is 4% per year. a) A

2. Perpetuity Find the present value (as of today) of each of the following perpetuities. The interest rate is 4% per year. a) A perpetuity that will pay $80 per year forever, starting one year from now b) A perpetuity that will pay $80 per year forever, starting today

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