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#29 and 31 HELP Perpetuity) A consol is a financial security that pays in perpetuity. How much would you be willing to pay for a

#29 and 31 HELP image text in transcribed
Perpetuity) A consol is a financial security that pays in perpetuity. How much would you be willing to pay for a consol that pays $230 monthly, if the monthly interest rate is 2%? 31 (Perpetuity) What is the annual rate of return on a perpetuity that costs $500,000 and pays $1,000 monthly? 11. Perpetuity) What is the annual rate of return on a perpetuity that costs $500,000 and pays $2,000 monthly

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