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Compute the PV of a level-payment perpetuity with monthly payments of $1,000, given an annual discount rate of 4%? Select one: a. $200,000 b. $275,000
Compute the PV of a level-payment perpetuity with monthly payments of $1,000, given an annual discount rate of 4%? Select one: a. $200,000 b. $275,000 c. $300,000 d. $250,000 e. $175,000
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