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What is the present value of a $100 perpetuity if the interest rate is 4%7 Tf interest rates doubled to 8%, what would its present

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What is the present value of a $100 perpetuity if the interest rate is 4%7 Tf interest rates doubled to 8%, what would its present value be? Round your answers to the nearest cent. Present value at 4%:$ Present value at 8%:$

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