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A perpetuity-immediate pays 100 in the first 10 years, 25 in the next 24 months and 50 in all subsequent years. Determine the present value
A perpetuity-immediate pays 100 in the first 10 years, 25 in the next 24 months and 50 in all subsequent years. Determine the present value of these payments at the annual effective interest rate i = 10%
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