What is the present value, when interest rates are 8.5 percent, of a $75 payment made every

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What is the present value, when interest rates are 8.5 percent, of a $75 payment made every year forever?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:27 AM

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What is the present value, when interest rates are 8.5 percent, of a $75 payment made every

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Present Value of perpetuity is castoff to regulate the current worth o...View the full answer

Finance Applications and Theory

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