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A perpetuity will pay $ 5 0 0 $ 5 0 0 per year, starting five years after the perpetuity is purchased. What is the

A perpetuity will pay $ 500$500 per year, starting five years after the perpetuity is purchased. What is the present value(PV) of this perpetuity on the date that it is purchased, given that the interest rate is 1010%? Question content area bottom Part 1 A.$ 2 comma 732 $ 2 comma 732$2,732 B.$ 3 comma 415 $ 3 comma 415$3,415 C.$ 1 comma 708 $ 1 comma 708$1,708 D.$ 2 comma 049 $ 2 comma 049$2,0

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