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at a 4% yield, the duration of a perpetuity that pays $100 once a year forever is _______. A) 3.85 years B) 4 years C)
at a 4% yield, the duration of a perpetuity that pays $100 once a year forever is _______.
A) 3.85 years
B) 4 years
C) 26 years
D) 100 years
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