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Business, 03.03.2020 03:19 athenawalcroff

A perpetuity will pay $300 per year, starting five years after the perpetuity is purchased. is purchased. What is the present value of this perpetuity on the date that it is purchased, given that the interest rate is 3%?

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A perpetuity will pay $300 per year, starting five years after the perpetuity is purchased. is purch...
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