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(10%) Perpetuity A makes annual payments of 2250. The first payment is due in one year. Perpetuity B makes annual payments of 10,000. The
(10%) Perpetuity A makes annual payments of 2250. The first payment is due in one year. Perpetuity B makes annual payments of 10,000. The first payment is due now. The common annual effective interest rate is 3.125%. Calculate the combined duration of these perpetuities.
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