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Consider a $500 perpetuity, with the first cash-flow starting at the end of first period. Find the value of this perpetuity at the end of
Consider a $500 perpetuity, with the first cash-flow starting at the end of first period. Find the value of this perpetuity at the end of 5 periods, assuming the periodic interest rate to be 5%. A. $15,762 B. $12,762 C. $11,071 D. $13,071
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