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What is the present value of a perpetuity with an annual year-end payment of $1,500 andexpected annual rate of return equal to 12 percent?a)$14,000b)$13,500c)$11,400d)$12,500Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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