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What's the present value of a perpetuity that pays $500 per year if the appropriate interest rate is 10%? $6,000.00 $6,666.67 $7,500.00 $8,728.50 $5,000.00

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What's the present value of a perpetuity that pays $500 per year if the appropriate interest rate is 10%? $6,000.00 $6,666.67 $7,500.00 $8,728.50 $5,000.00

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