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You are supposed to receive a declining annuity of 1750 per year and Forever. The decline rate is 0.5% each year. If the interest rate

You are supposed to receive a declining annuity of 1750 per year and Forever. The decline rate is 0.5% each year. If the interest rate is 4.5% determine the PV of the declining perpetuity. Select one: a. PV = 43 750 b. PV = 41 345 c. PV = 35 000 d. PV = 50 000

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