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A perpetuity makes its first annual payment of $132 exactly 18 years from today. The discount rate is 6.4% per annum compounded annually. 1) What

A perpetuity makes its first annual payment of $132 exactly 18 years from today. The discount rate is 6.4% per annum compounded annually.
1) What is the present value of this perpetuity valued at exactly Year 13? (Round your answer to the nearest cent)

2) What is the present value of this perpetuity valued at exactly Year 0? (Round your answer to the nearest cent)

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