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What is the present value of a $400 perpetuity if the interestrate is 8%? If interest rates doubled to 16%, what would itspresent value be?
What is the present value of a $400 perpetuity if the interestrate is 8%? If interest rates doubled to 16%, what would itspresent value be? Round your answers to the nearest cent. Presentvalue at 8 1 answer
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