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A perpetuity due is to pay $8,000 at the end of every six months. How much more money is required to fund the perpetuity if

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A perpetuity due is to pay $8,000 at the end of every six months. How much more money is required to fund the perpetuity if the money can be invested to earn 3% compounded semiannually instead of 4,5% compounded quarterly? Select one: a. 166,667 b. 177,778 c. none of them d. 133.333 e. 222,223

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