If $P(A) = \frac{1}{2}$,$P(B) = \frac{1}{3}$,and $P(A \cap B) = \frac{1}{4}$,then find the value of $P(A' \cap B')$.

  • A
    $\frac{7}{12}$
  • B
    $\frac{5}{12}$
  • C
    $\frac{1}{4}$
  • D
    $\frac{1}{6}$

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