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Given a discount rate of 6.3 percent per year, what is the value at Year 7 of a perpetual stream of $2,350 annual payments that
Given a discount rate of 6.3 percent per year, what is the value at Year 7 of a perpetual stream of $2,350 annual payments that begins at Year 15? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Perpetuity value $ 22,880.27
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