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Find the present value of the following perpetuity. Perpetuity Made Payment Interest Payment At: Period Rate $4,600 6 months 10.4% Conversion Period monthly end The

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Find the present value of the following perpetuity. Perpetuity Made Payment Interest Payment At: Period Rate $4,600 6 months 10.4% Conversion Period monthly end The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal plac needed.)

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