Perpetuity has a PV of $23424.08. If the interest rate is 5.92%, how much will the perpetuity

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Perpetuity has a PV of $23424.08. If the interest rate is 5.92%, how much will the perpetuity pay every year?

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Feb 16, 2023 01:36 AM

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Perpetuity has a PV of $23424.08. If the interest rate is 5.92%, how much will the perpetuity

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Step 1 Perpetuity means cashflow forever the present ... View the full answer

Microeconomics An Intuitive Approach with Calculus

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