Question: Hello I need help solving this mathematical finance question that is giving me trouble thank you for the help. A perpetuity has payments of 1,
Hello I need help solving this mathematical finance question that is giving me trouble thank you for the help. A perpetuity has payments of 1, 2, 3, ...., 98, 99, 100, 99, 98, 97, 96, ...., 3, 2, 1, 2, 3, 4, ...., 99, 100, 99, 98, ....., 3, 2, 1, 2, ...., 99, 100, 99, 98, ...., 3, ,2, 1.... If the payments are made annually, and the annual effective interest rate is 7%, Find the value of the perpetuity at the time of the first payment.
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