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A daily perpetuity of $3.33 is to be valued when the effective annual rate of interest is 8.25%. What is the present value of this

A daily perpetuity of $3.33 is to be valued when the effective annual rate of interest is 8.25%. What is the present value of this perpetuity? (Hint: must use the daily periodic rate - use rate to 8th decimal place, when stated in decimal form).

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