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The Present Value of a Perpetuity (for r = the market interest rate) can be summarized as: PV = PMT/(1 + r ) PV =

  1. The Present Value of a Perpetuity (for r = the market interest rate) can be summarized as:
  1. PV = PMT/(1 + r )
  2. PV = PMT( r )
  3. PV = FV/(1 + r )
  4. PV = 1 PMT
  5. PV = PMT/r

  1. A business formed by two or more individuals who each have unlimited liability for business debts is called a: A. Corporation. B. Sole proprietorship. C. General partnership. D. Limited partnership. E. Limited liability company.

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