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A perpetuity pays $170 per year and interest rates are 8.2 percent. How much would its value change if interest rates increased to 9.7 percent?
| A perpetuity pays $170 per year and interest rates are 8.2 percent. How much would its value change if interest rates increased to 9.7 percent? (Round your answer to 2 decimal places.) |
| Change in value | $ |
| Did the value increase or decrease? | ||||
|
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Handbook On Anti Money Laundering And Combating The Financing Of Terrorism For Nonbank Financial Institutions
Authors: Asian Development Bank
1st Edition
9292577611, 978-9292577612
