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What is the present value of a perpetuity that promises to pay $240,000 per year when the discount rate is 12%? Select one: Oa. $4,000,000

What is the present value of a perpetuity that promises to pay $240,000 per year when the discount rate is 12%? Select one: Oa. $4,000,000 Ob. $2,000,000 c. $20,000 Od. $2,000 CLEAR MY CHOICE

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