The present value of an increasing perpetuity due with


The present value of an increasing perpetuity due with quaterly payments $100, $200, $300, etc. is three times the present value of a perpetuity immediate with level quaerly payments $500. If both perpetuities use the same annual effective interest ratei, find the present value of the second perpetuity? (with level payments)

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Financial Management: The present value of an increasing perpetuity due with
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