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(1 point) (Exercise 3.22) A level perpetuity-immediate is to be shared by A, B, C, and D. A receives the first n payments, B the

(1 point) (Exercise 3.22) A level perpetuity-immediate is to be shared by A, B, C, and D. A receives the first n payments, B the second n payments, C the third n payments, and D all payments thereafter. It is known that the ratio of the present value of C's share to A's share is 0.53. Find the ratio of the present value of B's share to D's share. ANSWER =

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