Question: simply give the answer a perpetuity with a first payment of 500 grows at a constant rate of 5%, if interest rate is 7%, what

simply give the answer

a perpetuity with a first payment of 500 grows at a constant rate of 5%, if interest rate is 7%, what PV of this perpetuity?

a- 10,000

b- 25,000

c- 7,142.86

d-4,166.67

e-50,000

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