What is the present value of RM34,580 perpetuity per year discounted at 7%? Select one: a. RM245,973.11 b. RM451,980.32 c. RM494,000.00 d. RM321,000.90

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 17PROB
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What is the present value of RM34,580 perpetuity per year discounted at 7%?

Select one:

a. RM245,973.11

b. RM451,980.32

c. RM494,000.00

d. RM321,000.90

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