Calculate the purchase price of a perpetuity that provides month-end payments of $1000, with the first payment
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Calculate the purchase price of a perpetuity that provides month-end payments of $1000, with the first payment to be received in three years. The interest on the perpetuity is 2.25% compounded quarterly.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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