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What is the present value of a $50 perpetuity if interest rates are 7% A. $3.50 B. $714.29 C. $1.21 D. $593.23 E. $18.12

What is the present value of a $50 perpetuity if interest rates are 7%

A.

$3.50

B.

$714.29

C.

$1.21

D.

$593.23

E.

$18.12

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