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9. What is the present value of a perpetuity of $5,000 invested at a rate of 12%? 10. Your cousin has just invested in a

9. What is the present value of a perpetuity of $5,000 invested at a rate of 12%?

10. Your cousin has just invested in a consul bond that promises to pay $200 per year into perpetuity. She would like you to determine the final ending value of the bond.

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