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Assume the appropriate discount rate is 6%. What is the value 6 years from today of a perpetual stream of $3,000 payments that begins 7
Assume the appropriate discount rate is 6%. What is the value 6 years from today of a perpetual stream of $3,000 payments that begins 7 years from today? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50.
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