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(1 point) Given i = 5.6%, find the present value of a perpetuity with annual payments of 1.06, (1.06), (1.06), ..., (1.06), .. ..
(1 point) Given i = 5.6%, find the present value of a perpetuity with annual payments of 1.06, (1.06), (1.06), ..., (1.06), .. .. (a) if it is a perpetuity-immediate. Give your answer to five digits after the decimal point. Answer: = (b) if it is a perpetuity-due. Give your answer to five digits after the decimal point. Answer=
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Statistics For Psychology
Authors: Arthur Aron, Elaine N. Aron, Elliot J. Coups
6th Edition
205258158, 978-0205258154
