A perpetuity pays $280 per year and interest rates are 6.7 percent. How much would its value change if interest rates increased to 8.2 percent? (Round your answer to 2 decimal places.)
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Home » Business » A perpetuity pays $280 per year and interest rates are 6.7 percent. How much would its value change if interest rates increased to 8.2 percent? (Round your answer to 2 decimal places.)