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QUESTION 8 Vhat quarterly compounded nominal rate of return must an endowment of $450,000 earn to fully fund a perpetuity of $15,000 end of quarterly

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QUESTION 8 Vhat quarterly compounded nominal rate of return must an endowment of $450,000 earn to fully fund a perpetuity of $15,000 end of quarterly payment 3.3% compounded quarterly 14.6% compounded quarterly O 14.1% compounded quarterly O 4AX compounded quarterly O 13.3% compounded quarterly

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