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eBook What is the present value of a $100 perpetuity if the interest rate is 8%? If interest rates doubled to 16%, what would its

eBook What is the present value of a $100 perpetuity if the interest rate is 8%? If interest rates doubled to 16%, what would its present value be? Round your answers to the nearest cent. Present value at 8%: $ Present value at 16%: $

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