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(5 points) Consider a perpetuity-immediate that pays 10 dollars for the first five years and and then pays 15 for all the following years. What
(5 points) Consider a perpetuity-immediate that pays 10 dollars for the first five years and and then pays 15 for all the following years. What is the present value of this perpetuity, if we assume an annual effective interest rate of i = 0.1
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