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Please provide step by step for the solution. A perpetuity of $100,000 per year cash flows starts in 10 years. The discount rate is 4%,
Please provide step by step for the solution. A perpetuity of $100,000 per year cash flows starts in 10 years. The discount rate is 4%, compounded annually. a. What is the value of the perpetuity today? b. What is the value of the perpetuity in 10 years? c. What is the value of the perpetuity in 50 years?
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