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A perpetuity paying 1 at the beginning of each 6-month period has a present value...

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Accounting

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A perpetuity paying 1 at the beginning of each 6-month period has a present value of 250. Second perpetuity pays X at the end of every 2 years. Assuming the same annual effective rate of discount, the two present values are equal. Determine X and the annual effective rate of discount

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