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A perpetuity has yearly cash flows in Years 20 through infinity, an EAR of 8 percent, and a value at Year 0 of $463.42. What
A perpetuity has yearly cash flows in Years 20 through infinity, an EAR of 8 percent, and a value at Year 0 of $463.42. What is the amount of the perpetuity payment in each of Years 20 through infinity?
Group of answer choices
$150
$160
$180
$170
$140
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