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Check My Work (3 remaining) eBook What is the present value of a $100 perpetuity if the interest rate is 5%? If interest rates doubled

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Check My Work (3 remaining) eBook What is the present value of a $100 perpetuity if the interest rate is 5%? If interest rates doubled to 10 %, what would its present value be? Round your swers to the nearest cent. Present value at 5%: $ Present value at 10%: $

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