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You are evaluating a growing perpetuity investment from a large financial services furm. The investment promises an initial payment $22,100 at the end of this

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You are evaluating a growing perpetuity investment from a large financial services furm. The investment promises an initial payment $22,100 at the end of this year and subsequent payments that will grow at a rate of 4.7 percent annually. If you use a 9 percent. discount rate for investments like this, what is the present value of this growing perpetuity? (Round answer to 2 decimal places, eg. 15.25.) Present value A three-year bank CD paying 7.16 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal ploces, eg. 15.25x ) Effective annual rate \% A three year bank CD paying 6.96 percent compounded monthly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimol places es 15.25K ) Effective annual rate

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