Business, 11.01.2021 15:50 Jazongamez1987

In two years, you will receive the 1st payment from an irrevocable trust your grandparents set up. The trust is set up make payments forever. The appropriate discount rate is 2.0%. The 1st payment is for $500 and the payments will increase by 1.0% per year every year thereafter. The present value of all the future trust payments is closest to:

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In two years, you will receive the 1st payment from an irrevocable trust your grandparents set up. T...