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A perpetuity will pay $600 per year, starting 4 years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on
A perpetuity will pay $600 per year, starting 4 years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on the date that it is purchased (year 0), given that the interest rate is 5% APR? O $9.402.31 $10,366,05 $12,000.00 $493.62
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