Question: The present value of a $ 2 0 , 0 0 0 perpetuity at a 7 % discount rate is ( round to nearest dollar

The present value of a $20,000 perpetuity at a 7% discount rate is (round to nearest dollar).
$140,000
$325,000
$285.714
$186,915
The present value of a $ 2 0 , 0 0 0 perpetuity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!