Present value of perpetuity

What is the present value of perpetuity of $100 per year if the appropriate discount rate is 7%? If interest rates in general were to double and the appropriate discount rate rose to 14%, what would happen to the present value of the perpetuity? What is the present value of perpetuity of $100 per year if the appropriate discount rate is 7%? If interest rates in general were to double and the appropriatediscount rate rose to 14%, what…

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