At an annual effective interest rate of i, i=0%, the present value of an perpetuity paying 10 at the end of each 3-year period, with the first payment at the end of Year 3, is 32. At the same annual effective rate i, the present value of a perpetuity paying 1 at the end of each 4-month period, with first payment at the end of 4 months is X. Calculate X.

A) 31.6 B) 35.6 C) 32.6 D) 34.6 E) 33.6

35.6 is not the correct answer.