Arrange (in descending order) the following present value of a growing perpetuity which makes first payment of Rs. 3,000 in next year.

A. Present value at 8% growth and 10% discount rate.

B. Present value at 3% growth and 9% discount rate.

C. Present value at 6% growth and 11% discount rate.

D. Present value at 5% growth and 6% discount rate.

E. Present value at 1% growth and 4% discount rate.

Choose the correct answer from the options given below  

1
A, D, C, B, E
2
C, B, E, D, A
3
D, A, E, C, B
4
B, E, C, A, D

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