Homework #3E (Perpetuity, EAR, RRR)

Homework #3E (Perpetuity, EAR, RRR) 

Finance 330

Question 1 (1 point)

 

What is the present value of a $263 perpetuity discounted back to the present at 13.54 percent.

The answer should be calculated to two decimal places.

Your Answer:

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