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At a discount rate of 15.50%, find the present value of a perpetual payment of $8 comma 000 per year.If the discount rate were lowered
At a discount rate of 15.50%, find the present value of a perpetual payment of $8 comma 000 per year.If the discount rate were lowered to 7.75%, half the initial rate, what would be the value of the perpetuity?
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