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Show that the present value of a perpetuity on which payments are 1 at the end of the 5th and 6th years, 2 at the
Show that the present value of a perpetuity on which payments are 1 at the end of the 5th and 6th years, 2 at the end of the 7th and 8th years, 3 at the end of the 9th and 10th years, etc, is 04 i - vd
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