4. Perpetuity 1 pays .25 at the beginning of every 3 months starting now, and has present value X at annual effective rate of interest i. Perpetuity 2 pays .5 at the end of every 6 months starting 6 months from now, and has present value Y at the same annual effective rate of interest i. Find X/Y 4. Perpetuity 1 pays .25 at the beginning of every 3 months starting now, and has present value X at annual effective rate of interest i. Perpetuity 2 pays .5 at the end of every 6 months starting 6 months from now, and has present value Y at the same annual effective rate of interest i. Find X/Y