Question: A level perpetuity immediate is to be shared by A, B, C and D. A receives the first n payments, B the second n payments,
A level perpetuity immediate is to be shared by A, B, C and D. A receives the first n payments,
B the second n payments, C the third n payments, and D all payments thereafter. It is known
that the ratio of the PV of C's share to A's share is 0.49. Find the ratio of the PV of B's share to
D's share. can you please explain, thank you
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