jdaballer3182 jdaballer3182

17-02-2020
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What is the present value of a perpetuity that pays $1,000 per year if the appropriate interest rate is 10%?

Respuesta :

Olajidey Olajidey

19-02-2020

Answer:

= $10,000

Explanation:

Present Value of a Perpetuity = Annual Payment ÷ Discount Rate

= $1000 / 0.1

Present Value of a Perpetuity

= $10000

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