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The following three series of payments have the same present value of P: i. a perpetuity-immediate of 4 per year at an annual effective interest

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The following three series of payments have the same present value of P: i. a perpetuity-immediate of 4 per year at an annual effective interest rate of i; ii. a 10-year annuity-immediate of x per year at an annual effective interest rate of 2i; ill. and a 10-year annuity-due of 0.9259x per year at an annual effective interest rate of 2i. Calculate P. A) 90 B) 95 C) 100 D) 105 E) 110

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