(Present value of a perpetuity) At a discount rate of 6.00%, find the present value of a perpetual payment of $6,500 per
Posted: Wed Jul 06, 2022 6:45 pm
(Present value of a perpetuity) At a discount rate of 6.00%, find the present value of a perpetual payment of $6,500 per year. If the discount rate were lowered to 3.00%, half the initial rate, what would be the value of the perpetuity?