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(Perpetuities) What is the present value of the following? a. A $500 perpetuity discounted back to the present at 15 percent b. A $3,000 perpetuity
(Perpetuities) What is the present value of the following? a. A $500 perpetuity discounted back to the present at 15 percent b. A $3,000 perpetuity discounted back to the present at 19 percent c. A $230 perpetuity discounted back to the present at 16 percent d. A $85 perpetuity discounted back to the present at 12 percent
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