0 3. At an annual effective interest rate of i, i> 0%, the present value of a perpetuity paying 10 at the end of each 3-year period, with the first payment at the end of year 6, is 32. At the same annual effective rate of i, the present value of a perpetuity-immediate paying 1 at the end of each 4-month period is X. Calculate X. Select one: a. 38.8 b. 41.8 c. 40.8 d. 39.8 e. 42.8