Find present value if interest rate increases to percent
Suppose a third project will cost 20,000. Today and yield a return of 2500 a year indefinitely. What is the present value of the project? What is the present value if the interest rate increases to 20 percent?
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Today and yield the return of 2500 a year indefinitely. Find present value of the project? Find present value if interest rate increases to 20 percent?
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