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What's the present value of a perpetuity that pays $3,100 per year if the appropriate interest rate is 8%? a. $41,850 b. $38,750 c. $33,092

What's the present value of a perpetuity that pays $3,100 per year if the appropriate interest rate is 8%? a. $41,850 b. $38,750 c. $33,092 d. $35,650 e. $3,348

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