What is the present value of? (a) a $300 perpetuity discounted to the present at an annual
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Question:
What is the present value of?
(a) a $300 perpetuity discounted to the present at an annual discount rate of 8%?
(b) a $1000 perpetuity discounted to the present at an annual discount rate of 12%?
(c) a $100 perpetuity discounted to the present at an annual discount rate of 9%?
(d) a $95 perpetuity discounted to the present at an annual discount rate of 5%?
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