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Question 7 (1 point) A perpetuity pays 1000 at the beginning of the first year. Each subsequent payment is increased by an inflation. If inflation

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Question 7 (1 point) A perpetuity pays 1000 at the beginning of the first year. Each subsequent payment is increased by an inflation. If inflation is assumed to be 4% per year, calculate the present value of this perpetuity using an annual effective interest rate of 10%. 5896.34 18309.35 18333.33 5783.24

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