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Present Value of a Perpetuity What is the present value of a perpetuity of $200...

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Present Value of a Perpetuity What is the present value of a perpetuity of $200 per year if the appropriate discount rate is 8%? Do not round intermediate calculations. Round your answer to the nearest cent. $ If interest rates in general were to double and the appropriate discount rate rose to 15%, what would happen to the present value of the perpetuity? When the interest rate is doubled, the PV of the perpetuity -Select- -Select- is doubled is halved remains unchanged

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