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A financial instrument pays $368 each year-end in perpetuity. If the relevant discount rate is 8.1% p.a. (effective) the value of the financial instrument today
A financial instrument pays $368 each year-end in perpetuity. If the relevant discount rate is 8.1% p.a. (effective) the value of the financial instrument today is (including cents; dont use the $ sign or comma separators)
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