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Payments on a perpetuity 7. What annual payment must you receive in order to earn a 5% rate of return on a perpetuity that has
Payments on a perpetuity
7. What annual payment must you receive in order to earn a 5% rate of return on a perpetuity that has a cost of $2,250?
a. $ 95.50
b. $112.50
c. $155.50
d. $185.00
e. $225.00
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
