What is the present value of the perpetuity

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Question: Mr. Darcy's perpetuity pays him 20,000 per year. Assume the payments occur at the end of each year and the interest rate is 5.5%. What is the present value of the perpetuity? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132002933

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