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Posted on Sep 20, 2024

Calculate the interest rate at which you would be indifferent between receiving $ 1 , 0 0 0 now and $ 3 0 per annum

Calculate the interest rate at which you would be indifferent between receiving $

1, 000

now and $

30

per annum in perpetuity. Group of answer choices

3.50 % 4.00 % 2.00 % 3.00 %

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