Question: question #9 A perpetuity will pay $500 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of this

question #9question #9 A perpetuity will pay $500 per year, starting five years

A perpetuity will pay $500 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on the date that it is purchased, given that the interest rate is 6%? O A. $8,333 O B. $6,227 OC. $6,601 D. $5,281

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