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What is the present value of a $506 perpetuity discounted back to the present at 5.86 percent. The answer should be calculated to two decimal
What is the present value of a $506 perpetuity discounted back to the present at 5.86 percent.
The answer should be calculated to two decimal places.
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The present value PV of a perpetuity can be calculated using the following formula ...
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
