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What is the future value of a perpetuity paying $100 annually? Assume an interest rate of 10% and cash flows at the end of each
What is the future value of a perpetuity paying $100 annually? Assume an interest rate of 10% and cash flows at the end of each period?
| A. | Can not be determined | |
| B. | $11,096.27 | |
| C. | $1000 | |
| D. | $1,438.27 |
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Financial Management For Decision Makers
Authors: Peter Atrill, Paul Hurley
2nd Canadian Edition
138011605, 978-0138011604
