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If i = .115, find the present value on 1/1/2021 of a perpetuity of $15,000 payable on 1/1 of every year continuing forever if: a)
If i = .115, find the present value on 1/1/2021 of a perpetuity of $15,000 payable on 1/1 of every year continuing forever if: a) The first payment is on 1/1/2022 b) The first payment is on 1/1/2029
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