A perpetuity pays 160 per year and interest rates are 81


Question - A perpetuity pays $160 per year and interest rates are 8.1 percent. How much would its value change if interest rates increased to 9.6 percent? (Round your answer to 2 decimal places.) Did the value increase or decrease?

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Accounting Basics: A perpetuity pays 160 per year and interest rates are 81
Reference No:- TGS02492922

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