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help Perpetuities and Growing Perpetuities: Show your equation as well as final answer 1) Jeff wants to set up a perpetuity with 20,000 a year

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Perpetuities and Growing Perpetuities: Show your equation as well as final answer 1) Jeff wants to set up a perpetuity with 20,000 a year in C for every year until the end of time. Given r=6%, how much in PV does Jeff need to do this? 2) Now assume Jeff wants the same perpetuity (C=25,000 and with r=6% ) to grow at 2% per year. How much PV is needed for this

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