Question 6.16 A perpetuity-immediate makes payments of 3 per year, with the first payment occurring one year from now. A perpetuity-due makes payments of X per year, with first payment occurring now. The present values of the two perpetuities are the same. The annual effective discount rate is 5%. Calculate X A 2.82 B 2.83 C 2.84 D 2.85 E 2.86