The present value of a perpetuity of 6,500 paid at the end of each year plus the present value of a perpetuity of 8,500 paid at the end of every 5 years is equal to the present value of an annuity of k paid at the end of each year for 25 years. Interest is 6% convertible quarterly. Calculate k. A A 10,340 10,34 11,340 12,340 19,370 19,560