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What is the value of a perpetuity that pays $100 every 3 months forever? The interest rate quoted on an APR basis is 6.6%.

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What is the value of a perpetuity that pays $100 every 3 months forever? The interest rate quoted on an APR basis is 6.6%. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Value of a perpetuity

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