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With a 5 per cent rate, what is the present value of $10,000 per year forever, with the first payment 5 years from today. A.$190,000
With a 5 per cent rate, what is the present value of $10,000 per year forever, with the first payment 5 years from today.
A.$190,000
B.$164,540.50
C.$141,780.93
D.$190,780.55
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
