Question: A perpetuity-immediate makes payments starting 1 year from today. The first payment is $1000 and each subsequent payment increases by 5% a year. The

A perpetuity-immediate makes payments starting 1 year from today. The first payment

A perpetuity-immediate makes payments starting 1 year from today. The first payment is $1000 and each subsequent payment increases by 5% a year. The interest rate is 8% annual effective. < (3 points) What is the present value of this perpetuity < (3 points) What is the value of the remaining payments of this perpetuity at t=10, right after the 10th payment is made. .?

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