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Present Value of a Perpetuity. Whats the present value, when interest rates are 6.90% of a $240 payment made every year forever? A. $1,656.00 B.

Present Value of a Perpetuity. Whats the present value, when interest rates are 6.90% of a $240 payment made every year forever?

A. $1,656.00

B. $2,400.00

C. $3,478.26

D. $16.56

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