Find the value today of a perpetual annuity that pays 1 per
Find the value today of a perpetual annuity that pays $1 per quarter with the first payment on the last day of quarter 21 (the end of the first quarter of the 6th year) assuming an interest rate of 5% a year, compounded quarterly.
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find the value today of a perpetual annuity that pays 1 per quarter with the first payment on the last day of quarter
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