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A perpetuity consists of quarterly payments. The first 4 quarterly payments are equal to 100, with first paid 2 years in the future. Thereafter, each
A perpetuity consists of quarterly payments. The first 4 quarterly payments are equal to 100, with first paid 2 years in the future. Thereafter, each payment is 1% larger than the payment 1 year 6%, compute the present value of this perpetuity. prior. If i(4) a) 7,176 b) 8,084 c) 13,784 d) 18,021 e 20,300
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