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Question 8 1 pts What is the APR of an account paying 10% EAR with monthly compounding? Enter your answer as a percent without the
Question 8 1 pts What is the APR of an account paying 10% EAR with monthly compounding? Enter your answer as a percent without the percent sign. Round your final answer to two decimals. Question 9 1 pts Suppose that you have inherited an annuity that will pay $ 3,700 each of the next 20 years. Assuming that the annual cost of capital is 12%, what is the value of this annuity today? Round your final answer to two decimals. Question 10 1 pts Suppose that you have inherited a perpetuity that will pay $ 5,000 each year. Assuming the first payment will occur one year from now and that the annual opportunity cost of capital is 13%, what is the value of this perpetuity today? Round your final answer to two decimals
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