Question: A perpetuity will pay $300 every three months beginning three months from today. if the interest rate is 8% APR compounded quarterly, what is the

A perpetuity will pay $300 every three months beginning three months from today. if the interest rate is 8% APR compounded quarterly, what is the value of this perpetuity today?

a) What is the cash flow period? b)What is the periodic rate (rm)? c) What is the value of the perpetuity today?

d) What is the value today if the first payment is 15 months from today?

I got a,b,c answer, I do not understand d

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