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Given a discount rate of 6 . 9 percent per year, what is the value at Date t = 8 of a perpetual stream of

Given a discount rate of 6.9 percent per year, what is the value at Date t =8 of a perpetual stream of $3,650 payments with the first payment at Year 17?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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