Present value of a perpetuity what is the present value of, Financial Management

Present value of a perpetuity what is the present value of

PRESENT VALUE OF A PERPETUITY What is the present value of a $600 perpetuity if the interest rate is 7%? Round your answer to the nearest cent. $ If interest rates doubled to 14%, what would its present value be? Round your answer to the nearest cent. $

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Financial Management: Present value of a perpetuity what is the present value of

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