Question: At a ( 4 % ) yield, the duration of a perpetuity that pays ( $ 1 0 0

At a \(4\%\) yield, the duration of a perpetuity that pays \(\$ 100\) once a year forever is
Multiple Choice
4.00 years
26.00 years
100.50 years
3.85 years
At a \ ( 4 \ % \ ) yield, the duration of a

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