Essay
What is the present value of the following perpetuities?
a. $600 discounted at 7%
b. $450 discounted at 12%
c. $1,000 discounted at 6%
d. $880 discounted at 9%
Correct Answer:
Verified
a. PV = $600/.07
PV = $8,571.4...View Answer
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Correct Answer:
Verified
a. PV = $600/.07
PV = $8,571.4...
PV = $8,571.4...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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