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A perpetuity pays 9000 at the end of every 7 years forever. The nominal annual interest rate is 6% compounded monthly. Compute the present value

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A perpetuity pays 9000 at the end of every 7 years forever. The nominal annual interest rate is 6% compounded monthly. Compute the present value of this perpetuity. Possible Answers A 13,655 B 16,875 17,295 D 17,870 E 21,429

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