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simply give the answer a perpetuity with a first payment of 500 grows at a constant rate of 5%, if interest rate is 7%, what
simply give the answer
a perpetuity with a first payment of 500 grows at a constant rate of 5%, if interest rate is 7%, what PV of this perpetuity?
a- 10,000
b- 25,000
c- 7,142.86
d-4,166.67
e-50,000
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