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Given an interest rate of 4.6 percent per year, what is the value at date t = 5 of a perpetual stream of $3,000 payments
Given an interest rate of 4.6 percent per year, what is the value at date t = 5 of a perpetual stream of $3,000 payments that begins at date t = 10? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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