What is the present value of a $506 perpetuity discounted back to the present at 5.86 percent.
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Question:
What is the present value of a $506 perpetuity discounted back to the present at 5.86 percent.
The answer should be calculated to two decimal places.
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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