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16. Given an interest rate of 6 percent per year, what is the value at date t = 10 of a perpetual stream of $1,800

16. Given an interest rate of 6 percent per year, what is the value at date t = 10 of a perpetual stream of $1,800 payments with the first payment at date t = 16? Multiple Choice $22,417.75 $21,969.39 $30,100.00 $22,866.10 $21,148.82

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