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What is the present value of a $100 perpetuity if the interest rate is 10%? If Interest rates doubled to 20%, what would its present
What is the present value of a $100 perpetuity if the interest rate is 10%? If Interest rates doubled to 20%, what would its present value be? Round your answers to the nearest cent. Present value at 10% : $1 Present value at 20%: $
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