Question: How to solve this? 11. A perpetuity will pay $4000 every three months beginning three months from today. If the interest rate is 12% EAR,

How to solve this? How to solve this? 11. A perpetuity will pay $4000 every three

11. A perpetuity will pay $4000 every three months beginning three months from today. If the interest rate is 12% EAR, which of the following is closest to the PV of this perpetuity? A) $33,333 B) $100,000 C) $103,899 D) $139,192

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