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A perpetuity-immediate pays 10,000 at the end of each year. An annuity-immediate pays 10,444.07 at the end of each year for 30 years. The
A perpetuity-immediate pays 10,000 at the end of each year. An annuity-immediate pays 10,444.07 at the end of each year for 30 years. The present value of the perpetuity-immediate is equal to the present value of the annuity-immediate. Calculate the annual effective interest rate. a. 0.0984 Ob. 0.1110 C. 0.0128 O d. 0.1245 e. 0.1423
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