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1) Value a perpetuity that pays $100 every quarter with the first payment occurring in five quarters from today. The effective annual interest rate is

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1) Value a perpetuity that pays $100 every quarter with the first payment occurring in five quarters from today. The effective annual interest rate is 10.65%. a. $10,000.00 b. $7,295.15 c. $90.38 d. $3,527.07

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