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You have the opportunity to buy a perpetuity that pays $155,155 annually. Your required rate of return on this investment is 13.9 percent. You should
You have the opportunity to buy a perpetuity that pays $155,155 annually. Your required rate of return on this investment is 13.9 percent. You should be essentially indifferent to buying or not buying the investment vf it were offered at a price of 01.114.223.02 1.118.223.02 01.112.223.02 1 1.110,223.02 01.116.223.02
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