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9 . What is the difference in the value of a $ 1 , 0 0 0 annual perpetuity and an annuity of $ 1

9. What is the difference in the value of a $1,000 annual perpetuity and an annuity of $1,000 for 100 years? Assume that the discount rate is 8% and that cash flows are received at the end of the year.
a. $1,000
b. $656
c. $28
d. $6
e. $56

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