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An investor who needs to know the present value of a $50,000 perpetuity at a 7 percent discount rate. The closest answer is: $3,500 $714,286

An investor who needs to know the present value of a $50,000 perpetuity at a 7 percent discount rate. The closest answer is:

  1. $3,500

  2. $714,286

  3. $53,500

  4. $551,348

  5. $360,000

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