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2 Question 4: 3. The price of a perpetuity with monthly cash flows of $50 when the current interest rate is 6.96% p.a. 4 compounding

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2 Question 4: 3. The price of a perpetuity with monthly cash flows of $50 when the current interest rate is 6.96% p.a. 4 compounding monthly and the first cash flow occurs at the end of month #2 is: 5 6 Enter your answer here: 718.39 INCORRECT 7

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