Wing Sze has a perpetuity immediate that pays $$743\mathrm{.}99$ quarterly. Tne nominal interest rate is $9\mathrm{.}905\%$ compounded quarterly. What is the present value of her perpetuity?

Question $1$Answer

a$.$

$$30,946\mathrm{.}38$

b$.$

$$30,045\mathrm{.}03$

c$.$

$$30,789\mathrm{.}02$

d$.$

$$29,444\mathrm{.}13$

e$.$

$$29,143\mathrm{.}68$