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Multiple Choice Question 103 Dryant Investrments is puting out a new product. The product will pay out $32,000 in the first year, and after that
Multiple Choice Question 103 Dryant Investrments is puting out a new product. The product will pay out $32,000 in the first year, and after that the payouts will grow by an annual rate of 2.75 peroene forever. If you can invest the cash ows at 7.25 percent, how much will you be wifling to pay for this perpetuity? (Round to the nearest dollar O $711,111 O$721,t $633,111 O $531,111
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