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Question 6 John receives a perpetuity paying $ 2 at the end of the 3 r d year, $ 4 at the end of the
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John receives a perpetuity paying $ at the end of the year, $ at the end of the year, $
at the end of the year, $ at the end of the year, etc.
The present value of this perpetuity at an annual effective interest rate of equals
Calculate
alpha
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