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Perpetuities. A local bank advertises the following deal: Pay us $ 1 0 0 a year for 1 0 years and then we will pay

Perpetuities. A local bank advertises the following deal: "Pay us $100 a year for 10 years and then we will pay you (or your
beneficiaries) $100 a year forever." Is this a good deal if the interest rate is 6%LO5-3
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