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An ordinary perpetuity has semi-annual payments of $950 and is purchased for $A. It pays interest at j2 = 9% for the first 5 years,

An ordinary perpetuity has semi-annual payments of $950 and is purchased for $A. It pays interest at j2 = 9% for the first 5 years, and j2 = 7% thereafter. What is A? (Answer to nearest dollar

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