Whats the present value, when interest rates are 7.5 percent, of a $50 payment made every year

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What’s the present value, when interest rates are 7.5 percent, of a $50 payment made every year forever? 

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Finance Applications And Theory

ISBN: 9781264101580

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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