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What is the present value of a $1,000 perpetuity discounted back to the present at 6% A. $60 B. $1,666.67 C. $166.67 D. $16,666.67

What is the present value of a $1,000 perpetuity discounted back to the present at 6%

A. $60

B. $1,666.67

C. $166.67

D. $16,666.67

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