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(Perpetuities) What is the present value of the following? a. A $450 perpetuity discounted back to the present at 6 percent b. A $5,000 perpetuity

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(Perpetuities) What is the present value of the following? a. A $450 perpetuity discounted back to the present at 6 percent b. A $5,000 perpetuity discounted back to the present at 10 percent c. A $140 perpetuity discounted back to the present at 7 percent d. A $60 perpetuity discounted back to the present at 3 percent

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