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A perpetuity of $5,000 per year beginning today offers a 15% return. What is its present value? Multiple Choice $33,333.33 $37,68116 $38,333.33 $65,217.39

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A perpetuity of $5,000 per year beginning today offers a 15% return. What is its present value? Multiple Choice $33,333.33 $37,68116 $38,333.33 $65,217.39

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