At an effective annual interest rate of i the present value of a perpetuity paying 10 at the end of each 3year period with the first payment at the end of year 6 , is 32 . At the same effective annual rate, the present value of a perpetuity -immediate paying 4 at the end of each 4-months period is X. Calculate X. At an effective annual interest rate of i the present value of a perpetuity paying 10 at the end of each 3year period with the first payment at the end of year 6 , is 32 . At the same effective annual rate, the present value of a perpetuity -immediate paying 4 at the end of each 4-months period is X. Calculate X