At an annual effective rate i > 0%, the present value of a perpetuity paying $10 at the end of…


At an annual telling reprove i > 0%, the offer esteem of a persistence paying $10 at the end of each 3-year bound is 32. The first payment is at the end of year 6. A assist persistence invested at the same annual telling reprove i has offer esteem X and pays $1 at the end of each 4-month bound. Assume that the investment pays combination share for multiply of a bound and experience X.