A perpetuity pays 50 per year and interest rates are 9


A perpetuity pays $50 per year and interest rates are 9 percent. How much would its value change if interest rates decreased to 6 percent?

  • $277.78 decrease
  • $150.00 increase
  • $277.78 increase
  • $150.00 decrease

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Mathematics: A perpetuity pays 50 per year and interest rates are 9
Reference No:- TGS02194341

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