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Question 17 4 pts You want to establish a perpetuity that pays $6,500 per year....

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Question 17 4 pts You want to establish a perpetuity that pays $6,500 per year. Your banker will establish such an account if you deposit $127.000 in her institution Calculate the rate that she is paying on the deposit. 9.43% 6.70% 5.12 6,07% 19.54% Question 18 7 pts You wish to establish an annuity that will pay $7,500 for the next twenty years (end of the year), Your financial institution will establish such an annuity if you deposit $104 000 today. What is the implied rate that the Institution is paying on this annuity? 7.21% 5.86% 3.77% 4.24% 493%

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