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NEED HELP!! You are offered a security that will pay you $4000 at the end of each year forever. If your discount rate is 10%,
NEED HELP!!
You are offered a security that will pay you $4000 at the end of each year forever. If your discount rate is 10%, what is the most you are willing to pay for this security? Select one: a. $26 686 b. $31 250 c. $40 000 d. $62 500Step by Step Solution
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