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Find the PV of a perpetuity-immediate with payments of1 in year1,2 in year2,3 in year3 and20 in year20. After20 the payments remain constant at20.The annual

Find the PV of a perpetuity-immediate with payments of1 in year1,2 in year2,3 in year3 and20 in year20. After20 the payments remain constant at20.The annual effective rate of interesti=4%.

Possible Answers:

A.280.75

B.319.14

C.353.35

D.427.01

E.450.00

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