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Robert spent R to buy a special perpetuity immediate which pays him 1 at time 1, 2 at time 2, 1 at time 3, 2

Robert spent R to buy a special perpetuity immediate which pays him 1 at time 1, 2 at time 2, 1 at time 3, 2 at time 4 ... and so on (payment pattern: 1, 2, 1, 2, 1, 2, ...). At an effective interest rate of 5%, find R

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