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What’s the present value of a perpetuity that pays $1500 per year if the appropriate interest rate is 15%

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...

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Using spreadsheet financial formula, calculate the following

PV of a perpetuity
2. What’s the present value of a perpetuity that pays $1500 per year if the appropriate
interest rate is 15%?

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