Present Value of a Perpetuity What's the present value, when interest rates are 6.70 percent, of a $270 payment made every year forever?
4,029.85
18.09
2,700.00
1,809.00
A. $4,029.85
Present Value of a Perpetuity = $270 / 0.0670
Present Value of a Perpetuity = $4,029.85
Present Value of a Perpetuity What's the present value, when interest rates are 6.70 percent, of...
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