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Perpetuity A has quarterly payments of X/4 with the first payment being three months from today. Perpetuity B has end of year payments of Y.

Perpetuity A has quarterly payments of X/4 with the first payment being three months from today. Perpetuity B has end of year payments of Y. If the annual effective interest rate is 6.09%, the present value of Perpetuity A equals the present value of Perpetuity B. Find Y/X.

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