(2 points) (Exercise 4.26) If X is the present value of a perpetuity of 1 per year with the first payment at the end of the second year and 8X is the present value of a series of annual payments 1, 2, 3, ... with the first payment at the end of the third year, find d. ANSWER = %. (2 points) (Exercise 4.26) If X is the present value of a perpetuity of 1 per year with the first payment at the end of the second year and 8X is the present value of a series of annual payments 1, 2, 3, ... with the first payment at the end of the third year, find d. ANSWER = %