A perpetuity pays $9600 per half-year, as follows: in odd-numbered half-year, a payment of $9600 is made at the begin of the half-year. in even-numbered half-year, a payment of $4800 is made at the end of each quarter. Interest is at annual effective rate of 12.03 %. At the begin of an odd- numbered period, this perpetuity is exchanged for another of equal value which provides monthly payments, the first payment due 39 month hence. What is the monthly payment of the new perpetuity