A perpetuity pays $160 per year andinterest rates are 8.1 percent. How much would its value change if interest rates increased to 9.6 percent?(Round youranswer to 2decimal places.) Did the value increase or decrease?
A perpetuity pays $160 per year andinterest rates are 8.1 percent. How much would its value change if interest rates increased to 9.6 percent?(Round youranswer to 2decimal places.) Did the value increase or decrease?
A perpetuity pays $160 per year andinterest rates are 8.1 percent. How much would its value change if interest rates increased to 9.6 percent?(Round youranswer to 2decimal places.) Did the value increase or decrease?
A perpetuity pays $160 per year andinterest rates are 8.1 percent. How much would its value change if interest rates increased to 9.6 percent?(Round youranswer to 2decimal places.) Did the value increase or decrease?