The following two investment options are viewed under an annual effective interest rate of i.

1.) Investment A is a 10-year zero coupon bond which redeems at par-value 250.

2.) Investment B is a perpetuity-immediate paying an annual payment starting with 4 and having each successive payment increase by X% from the previous payment.

If the volatility of each investment is 8, then find the value of X.

If the answer you provide is the same (incorrect) answer that the other 3 answers for the same question on this website have provided, I will immediate report you. The answer is NOT 30.98%.