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suppose you are a rich philanthropist and you aim to provide $1 billion a year in perpetuity, starting four years from now. Assuming that the

suppose you are a rich philanthropist and you aim to provide $1 billion a year in perpetuity, starting four years from now. Assuming that the interest rate is 10%, what is the present value of the perpetuity?

Can you please show me your work.

Thank you.

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