Question: 3) In each case find the indicated interest rate. a) On December 31, 2020 a perpetuity paying $50,000 every January 1st and July 1st has

3) In each case find the indicated interest rate. a) On December 31, 2020 a perpetuity paying $50,000 every January 1st and July 1st has a present value of $1,840,000 Find d(2). b) Find the annual effective interest rate for the perpetuity in part a). c) A US Treasury Bill matures in 182 days and has a price of 99.10 per $100 maturity. Find the discount rate for this T-bill. d) A Canadian Treasury Bill matures in 273 days and has a price of 98.20 per $100 maturity. Find the yield rate for this T-bill

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