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(i) What will $1000 be worth in 8 years if the nominal interest rate is 15% and (a) Interest is compounded every 4 months? (b)

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(i) What will $1000 be worth in 8 years if the nominal interest rate is 15% and (a) Interest is compounded every 4 months? (b) Interest is compounded every 4 years? (ii) A perpetuity with a Cash Flow of $50 has a Present Value of $800 under continuously compounded interest. Determine the continuously compounded rate of return

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