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A perpetuity of $5,000 per year beginning today is said to offer a 15% interest rate. What is its present value? Select one: O a.
A perpetuity of $5,000 per year beginning today is said to offer a 15% interest rate. What is its present value? Select one: O a. $65,217.39 b. $37,681.16 $38,333.33 O d. $33,333.33 Six years from now you will begin to receive cash flows of $50 per year. These cash flows will continue forever. If the discount rate is 10%, what is the present value of these cash flows? Select one: O a. $500.00 O b. $341.51 O c. $310.46 O d. $282.24
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