Question: 2. Charities A and B split a level perpetuity immediate with level payments of X. Charity A receives the first 30 payments, and then Charity

2. Charities A and B split a level perpetuity immediate with

2. Charities A and B split a level perpetuity immediate with level payments of X. Charity A receives the first 30 payments, and then Charity B receives the remaining payments. If the annual effective interest rate is i, the proportion of the present value held by Charity B is 2/3. Find the proportion of the present value held by Charity B if the annual effective interest rate is 2i

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