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14. What is the Present Value of a Perpetuity of $75,000 per quarter that is deferred by 4 years? The nominal annual discount rate is

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14. What is the Present Value of a Perpetuity of $75,000 per quarter that is deferred by 4 years? The nominal annual discount rate is 5%. a) $4,918,478.08 b) $5,520,000.00 c) $4,381,964.62 d) $6,000,000,00 15. If the Effective Annual Rate of interest is 5.21% assuming quarterly compounding, then what is the nominal annual rate? a) 5.17% b) 5.11% c) 4.96% d) 5.02%

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