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The present value of a $20,000 perpetuity at a 7 percent discount rate is: (Round to the nearest dollar) A. $285,714 B. $140,000 C. $186,915

The present value of a $20,000 perpetuity at a 7 percent discount rate is: (Round to the nearest dollar) A. $285,714 B. $140,000 C. $186,915 D. $325,000

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