Question: please show step by step method of solving this problem. Incorrect Question 11 0 / 1 pts What is the present value of a perpetuity

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Incorrect Question 11 0 / 1 pts What is the present value of a perpetuity that offers to pay $100 next year and every year after the payment grows at 3.1%. Investments with similar risk are offering an 8% annual return. 3,125

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