Business, 16.08.2020 01:01 Jackmcvay14

What is the present value of a perpetuity of $100 per year if the appropriate discount rate is 7%? If interest rates in general were to double and the appropriate discount rate rose to 14%, what would happen to the present value of the perpetuity? Ehrhardt, Michael C.. Corporate Finance: A Focused Approach (p. 187). Cengage Learning. Kindle Edition.

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What is the present value of a perpetuity of $100 per year if the appropriate discount rate is 7%? I...