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What is the current value of a perpetual bond from the Limited if you know the current interest rate is 3.92% and the annual interest

  1. What is the current value of a perpetual bond from the Limited if you know the current interest rate is 3.92% and the annual interest payment is $0.35.
  2. What is the major limitation of the current ratio as a measure of liquidity? How may this limitation be overcome?

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