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What 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? 13.3%

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What 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? 13.3% compounded quarterly 14.6% compounded quarterly O 14.1% compounded quarterly 4.4% compounded quarterly 3.3% compounded quarterly

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