Question: Question 3 (6.66 points) 11 Listen Compute the present value of a perpetuity that pays $ 7.776 annually given a required rate of return of

Question 3 (6.66 points) 11 Listen Compute the present value of

Question 3 (6.66 points) 11 Listen Compute the present value of a perpetuity that pays $ 7.776 annually given a required rate of return of 11 percent per annum. (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). Your

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