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When calculating the present value of a growing perpetuity, what happens when the interest rate is lower than the growth rate? Select one: a. The
When calculating the present value of a growing perpetuity, what happens when the interest rate is lower than the growth rate? Select one: a. The numerator in the present value formula gets infinitely small. O b. The denominator in the present value formula becomes negative. O c. The numerator in the present value formula gets infinitely large. O d. The denominator in the present value formula gets infinitely large. e. The present value gets infinitely small
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