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An investor can purchase a perpetuity thay pays $100 each year forever at a price of $1,500. If the fair market interest rate for this
An investor can purchase a perpetuity thay pays $100 each year forever at a price of $1,500. If the fair market interest rate for this perpetuity is 6% we know that:
A. The perpetuity is a bad deal because it's price it too high.
B. The perpetuity is a good deal because it's price it too low.
C. The pepetuity is a fairly priced
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