Question: 10) Using rate i per time unit, the present value at time 0 of a perpetuity with payments of P per time period commencing at

10)

Using rate i per time unit, the present value at time 0 of a perpetuity with payments of P per time period commencing at time 4 is

Select one:

Select one:

a.

P/i

b.

P/i/(1+i)3

c.

P/i(1+i)4

d.

P/i/(1+i)4

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