Question

A deferred perpetuity that will make its first payment of $1m at the

end of the 10th year has a present value of $_______. Use 7.25% as the annual rate.

- A. 6.8500m
- B. 7.3466m
- C. 7.1942m
- D. 6.923m

Subject: Business, Finance
A deferred perpetuity that will make its first payment of $1m at the end of the 10th year has a present value of $_______. Use 7.25% as the annual...
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