Question: (2 points) (Exercise 4.26) If X is the present value of a perpetuity of 1 per year with the first payment at the end of

(2 points) (Exercise 4.26) If X is the present value of

(2 points) (Exercise 4.26) If X is the present value of a perpetuity of 1 per year with the first payment at the end of the second year and 12X is the present value of a series of annual payments 1, 2, 3, ... with the first payment at the end of the third year, find d. ANSWER = %

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