Present value of a perpetuity

Reference no: EM1391613

What is the present value of a perpetuity that begins payment 10 years from today. The first payment is $1000. The second payment is $2000, and the payment alternate between $1000 and $2000 thru the first 10 years of payments. After that the annual payments are all $1000. use i = .05

Reference no: EM1391613

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