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According to the classical theory of asset pricing, which of the following is the price of perpetuity making payments of $4000 every year at an
According to the classical theory of asset pricing, which of the following is the price of perpetuity making payments of $4000 every year at an interest rate of 5%?
- $50
-$5,000
-$20,000
-$50,000
- None of these
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