Question: A perpetuity will pay $400 per year starting one year from today. What is the present value (PV) of this perpetuity today (consider this time

 A perpetuity will pay $400 per year starting one year from

A perpetuity will pay $400 per year starting one year from today. What is the present value (PV) of this perpetuity today (consider this time 0), given that the interest rate is 8% APR? O $400.0 $32.0 O $370.4 O $5,000,0

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