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A perpetuity pays 23 at the beginning of every month forever. The PV of this perpetuity is 3308.71 Calculate the nominal rate i(12) = of

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A perpetuity pays 23 at the beginning of every month forever. The PV of this perpetuity is 3308.71 Calculate the nominal rate i(12) = of interest compounded monthly eamed by this perpetuity. compou d monthly earned by this perpetuity

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