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Given a discountrate of 5.2percent per year, what is the value at Year5 of a perpetual stream of $3,600 annual payments that begins at Year

Given a discountrate of 5.2percent per year, what is the value at Year5 of a perpetual stream of $3,600 annual payments that begins at Year 10? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is the perpetuity value?

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