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A perpetuity due with annual payments has the following payment pattern: 1, 2, 3, 1, 2, 3, ... Determine the present value of the perpetuity

A perpetuity due with annual payments has the following payment pattern: 1, 2, 3, 1, 2, 3, ...

Determine the present value of the perpetuity at an annual effective interest rate of 5%.

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