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Present Value of a Perpetuity A perpetuity pays $260 per year and interest rates are 6.6 percent. How much would its value change if interest

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Present Value of a Perpetuity A perpetuity pays $260 per year and interest rates are 6.6 percent. How much would its value change if interest rates increased to 9.1 percent? $1, 082.25 decrease $650.00 decrease $650.00 increase $1, 082.25 increase

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