A perpetuity pays 140 per year and interest rates are 99
A perpetuity pays $140 per year and interest rates are 9.9 percent.
How much would its value change if interest rates decreased to 8.4 percent?
(Round your answer to 2 decimal places.)
Did the value increase or decrease?
Increase
Decrease
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a perpetuity pays 140 per year and interest rates are 99 percenthow much would its value change if interest rates
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