The present value of a $25,000 perpetuity at a 14 percent discount rate is
A. $178,571.
B. $285,000.
C. $350,000.
D. $219,298.
Answer:A
The present value of a $25,000 perpetuity at a 14 percent discount rate is
A. $178,571. B. $285,000. C. $350,000. D. $219,298.