A perpetuity-Immediate has yearly payments of $R and a nominal rate of interest is 12% per year convertible quarterly. Which of these would give the present value of the annuity? Select all that apply Choice Formula Choice Formula R R 0.120712% 0.12s12% A: B: C: Choice A Choice B Choice C □ Choice D Choice E R 0.03sT 12% R 0.03ST0% D: E: R 0.03%

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