A perpetuity starting January 1, 2017 pays 2 every January 1 in odd years and...
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Accounting
A perpetuity starting January 1, 2017 pays 2 every January 1 in odd years and 3 every January 1 in even years. Find an expression of the present value at a compound interest rate of i (i > 0) per year of the perpetuity on January 1, 2016, and January 1, 2017
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