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Larry purchases a $ 1 0 0 perpetuity. The payments on the annuity begin in one year, and the appropriate interest rate is 1 0

Larry purchases a $100 perpetuity. The payments on the annuity begin in one year, and the appropriate interest rate is 10%. What is the present value of
Larry's payments that will occur from year 31 onwards?
Multiple Choice
$81.21
$57.31
$58.11
More than $100
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