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Perpetuities Consider the data in the following table. (Click on the icon located on the top-right corner of the data table below in order to
Perpetuities Consider the data in the following table. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Annual amount Discount rate $19,000 7% Determine the present value of the perpetuity. The present value of the perpetuity is $. (Round to the nearest dollar.)
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