[Solved] A perpetuiy will pay $1000 per year, star

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A perpetuiy will pay $1000 per year, starting three years after the perpetuity is purchased. What is the present value (PV) of this perpuity on

A perpetuiy will pay $1000 per year, starting three years after the perpetuity is purchased. What is the present value (PV) of this perpuity on the date that it is purchased given that the interest rate is 3%.

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