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Whats the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? A. $5,250 B. $5,788 C. $5,000
Whats the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%?
- A. $5,250
- B. $5,788
- C. $5,000
- D. $4,750
- E. $5,513
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