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What's the present value of a perpetuity that pays $ 1 , 3 0 0 per year if the appropriate interest rate is 4 %

What's the present value of a perpetuity that pays $1,300 per year if the appropriate interest rate is 4%? a. $1,352b. $33,800c. $20,309d. $32,500e. $31,200

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