You want to have a perpetuity that will pay $10,000 per year forever. You found an...
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You want to have a perpetuity that will pay $10,000 per year forever. You found an investment offering a guaranteed 1.75% per year forever. How much will you need to invest today in order to receive your first perpetuity payment at the end of the year? I A You want to have a perpetuity that will pay $10,000 per year forever. You found an investment offering a guaranteed 1.75% per year forever. How much will you need to invest today in order to receive your first perpetuity payment at the end of the year? I A
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