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Given an interest rate of 10 percent per year, what is the value at date t=9 of a perpetual stream of $1,600 payments with the

Given an interest rate of 10 percent per year, what is the value at date t=9 of a perpetual stream of $1,600 payments with the first payment at date t=15 ? Multiple Choice $9,934.74 $9,736.05 $10,133,44 $16,100,00

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