Question
Present Value of a Perpetuity A perpetuity pays $170 per year and interest rates are 6.7 percent. How much would its value change if interest
Present Value of a Perpetuity A perpetuity pays $170 per year and interest rates are 6.7 percent. How much would its value change if interest rates increased to 9.2 percent?
A-$425.00 increase
B-$425.00 decrease
C-$689.48 decrease
D-$689.48 increase
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Startup CFO The Finance Handbook For Your Growing Business
Authors: Kyle Brennan
1st Edition
1790959403, 978-1790959402
