Question: it is for Financial mathematics course, please solve it in details without use any app or program and if you use the financial calculator please
it is for Financial mathematics course, please solve it in details without use any app or program and if you use the financial calculator please write the details
The present value of a perpetuity paying 1 every two years with the first payment due immediately is 7.4 at an annual effective rate of i. Another perpetuity paying R every three years with the first payment due at the beginning of year two has the same present value at an annual effective rate of i+0.04. Calculate R. 1.7 1.9 2.1 2.3 2.5
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