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someone help Consider a perpetuity that pays 8 at the end of each year for the first 15 years and 3 at the end of
someone help
Consider a perpetuity that pays 8 at the end of each year for the first 15 years and 3 at the end of each year thereafter. The effective annual rate of interest is i. Which one of the following formulas doesn't give the PV of this perpetuity? Possible Answers 8a15+i3v158a15+i38a15+d3v165a15+i3i8i5v15Step by Step Solution
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