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British government 4 percent perpetuities pay 4 interest each year forever.Another bond, 212 percent perpetuities, pays 2.50 a year forever. What is the value of

British government 4 percent perpetuities pay 4 interest each year forever.Another bond, 212 percent perpetuities, pays 2.50 a year forever. What is the value of 4 percentperpetuities, if the long-term interest rate is 6 percent? What is the value of 212 percentperpetuities?

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