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If the Interest Rate Is 10%,what Is the Present Value

Question 20

Multiple Choice

If the interest rate is 10%,what is the present value of a stream of annual future cash flows equal to $1,000,expected to be paid at the end of every year,forever?


A) $1,00,000.00
B) $10,000,000
C) $1,500,000
D) $10,000
E) None of the above.

Correct Answer:

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