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At a discount rate of 15.50%, find the present value of a perpetual payment of $4,500 per year. If the discount rate were lowered to
At a discount rate of
15.50%,
find the present value of a perpetual payment of
$4,500
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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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
