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looking for 6 and 7 pls A share valued at $285.85 pays quarterly dividends in perpetuity at a rate of return of 6.25% compounded semi-annually.
looking for 6 and 7 pls
A share valued at $285.85 pays quarterly dividends in perpetuity at a rate of return of 6.25% compounded semi-annually. Calculate the end-of-quarter dividends. Round to the nearest cent Question 7 of 7 George invested the profit of his business in an investment fund that was earning 2.50% compounded monthly. He began withdrawing $2,500 from this fund every 6 months, with the first withdrawal in 3 years. If the money in the fund lasted for the next 6 years, how much money did he initially invest in the fund? Round to the nearest centStep by Step Solution
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