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A perpetuity - immediate has yearly payments of $R and a nominal rate of interest is 1 2 % per year convertible quarterly. Which of

A perpetuity-immediate has yearly payments of $R and a nominal rate of interest is 12% per year convertible quarterly.
Which of these would give the present value of the annuity? Select all that apply
Choice Formula Choice Formula
A: \[\frac{ R}{0.12 a_{\overline{4\}|12\%}}\] D: \[\frac{R}{0.12 s_{\overline{4\}|12\%}}\]
B: \[\frac{R}{0.03 s_{\overline{4\}|12\%}}\] E: \[\frac{ R}{0.03 a_{\overline{4\}|3\%}}\]
C: \[\frac{R}{0.03 s_{\overline{4\}|3\%}}\]

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