Question: ( Related to Checkpoint 6 . 5 ) ( Present value of a growing perpetuity ) a . What is the present value of a

(Related to Checkpoint 6.5)(Present value of a growing perpetuity) a.What is the present value of a perpetual stream of cash flows that pays $7,500 at the end of year one and the annual cash flows
grow at a rate of 3% per year indefinitely, if the appropriate discount rate is 13%? b. What if the appropriate discount rate is 11%?
 (Related to Checkpoint 6.5)(Present value of a growing perpetuity) a.What is

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