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The present value of a perpetuity of 1,000 paid at the end of each year plus the present value of a perpe- tuity of 1,50
Posted: Sat Feb 26, 2022 10:50 am
by answerhappygod
- The Present Value Of A Perpetuity Of 1 000 Paid At The End Of Each Year Plus The Present Value Of A Perpe Tuity Of 1 50 1 (79.02 KiB) Viewed 18 times
The present value of a perpetuity of 1,000 paid at the end of each year plus the present value of a perpe- tuity of 1,500 paid at the end of every 4 years is equal to the present value of an annuity of k paid at the end of each year for 25 years. Interest is 4% convertible quarterly. Calculate k.