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Given an interest rate of 4.5 percent per year, what is the value at date t=6 of a perpetual stream of $300 payments with the
Given an interest rate of 4.5 percent per year, what is the value at date t=6 of a perpetual stream of $300 payments with the first payment at date t=15 ? Multiple Choice $4,687.90 $4,781.66 $4,486.03 $4,594.14 $6,766.67
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