Question: The following two payment options each has a present value of X. () 140 at the end of each year, forever, with the first payment

The following two payment options each has a present value of

The following two payment options each has a present value of X. () 140 at the end of each year, forever, with the first payment due at t = 1. (ii) A payment of 1971.24 at t = 10, followed by 140 at the end of each year, forever, with the first payment of 140 due at t = 11. Find X. 0 1.740.54 O 1.854.05 0 1.778.38 0 1.891.89 O 1.816.22

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