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A perpetuity of $700 per year will begin 6 years from today. If the annual interest rate on this security is 8%, what would be

A perpetuity of $700 per year will begin 6 years from today. If the annual interest rate on this security is 8%, what would be its value or price TODAY? O A $8,750 OB $5,514 OC. $6.832 D. $5,955

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