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A perpetuity has an annual payment of $85, and the required rate of the return for this special type of annuity is 5%. Whats the

A perpetuity has an annual payment of $85, and the required rate of the return for this special type of annuity is 5%. Whats the estimated value of this perpetuity?

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$850

$1,700

$4.25

$170

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