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What is the present value of a perpetuity that pays $3,800 per year if the discount rate is 14 percent? a. $3,333.33 b. $27,142.86 c.
What is the present value of a perpetuity that pays $3,800 per year if the discount rate is 14 percent?
a. | $3,333.33 | |
b. | $27,142.86 | |
c. | $22,800.00 | |
d. | (Infinity) | |
e. | $39,357.14 |
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