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    You Are to Receive $75 Per Year Indefinitely
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You Are to Receive $75 Per Year Indefinitely

Question 68

Question 68

Multiple Choice

You are to receive $75 per year indefinitely. The market rate of interest for these types of payments is 8%. The price you would pay for this stream is:


A) $9.38
B) $81.00
C) $93.75
D) $937.50

Correct Answer:

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