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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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