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Question 17 Homework Unanswered Suppose the Dutch Water Authority wanted to raise money by selling perpetuities of $117 per year, with the first cash flow

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Question 17 Homework Unanswered Suppose the Dutch Water Authority wanted to raise money by selling perpetuities of $117 per year, with the first cash flow paid in one year from today. If the appropriate discount rate is 6.4%, what would you be willing to pay today for this perpetuity? Round to the nearest dollar

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