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QUESTION 5 A perpetuity paying 1 at the beginning of each month period has a present value of 50. A second perpetuity pays X at

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QUESTION 5 A perpetuity paying 1 at the beginning of each month period has a present value of 50. A second perpetuity pays X at the beginning of every 2 years. Assuming the same annual effective interest rate, the two present values are equal. Determine X A. 5.4 B. 10.6 C. 19.2 D. 25.4 E. 33.8

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