Question
4. What's the present value of a perpetuity that pays $1,400 per year if the appropriate interest rate is 5%? Group of answer choices $26,880.00
4. What's the present value of a perpetuity that pays $1,400 per year if the appropriate interest rate is 5%?
Group of answer choices
$26,880.00
$28,000.00
$34,720.00
$30,240.00
$26,320.00
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Financial Sector Reform And Privatization In Transition Economies
Authors: John Doukas, Victor Murinde, Clas Wihlborg
1st Edition
044482653X, 9780444826534
