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Please answer the question number 11 finance 355 question question 11 thank you D Question 11 3 pts What is the value of a perpetuity

Please answer the question number 11

finance 355 question

question 11

thank you

D Question 11 3 pts What is the value of a perpetuity that pays $50 this year, with a payment growth rate of 4.5% and a discount factor of 3%? (round to the nearest dollar).

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