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Help Save & Exit Sutb Check my wor Problem 5-28 Present Value of a Perpetuity (LG5-5) A perpetuity pays $250 per year and interest rates

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Help Save & Exit Sutb Check my wor Problem 5-28 Present Value of a Perpetuity (LG5-5) A perpetuity pays $250 per year and interest rates are 8.0 percent. How much would its value change if interest rates decreased to 6.5 percent? (Round your answer to 2 decimal places.) in Did the value increase or decrease? decrease increase Prex 1 of 40 Next >

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