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The present value of an annual perpetuity immediate of 150 is equal to the present value of an annual perpetuity immediate that pays 100 at

The present value of an annual perpetuity immediate of 150 is equal to the present value of an annual perpetuity immediate that pays 100 at the end of the first 20 years and 200 at the end of year 21 and each year thereafter. Calculate i.

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