2. You own an annuity which pays X at the end of every year for 30 years. Immediately after the 7th payment, you sell the annuity and use all the proceeds to purchase a perpetuity-immediate paying X/4 every year. Both are valued at an annual effective rae of i. Calculate i. [0.0126] A. Less than 0.01 B. At least 0.01, but less than 0.015 C. At least 0.015, but less than 0.02 D. At least 0.02, but less than 0.025 E. At least 0.025