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Given an interest rate of 4.7 percent per year, what is the value at date t = 7 of a perpetual stream of $3,100 payments
Given an interest rate of 4.7 percent per year, what is the value at date t = 7 of a perpetual stream of $3,100 payments that begins at date t = 15? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Perpetuity value $
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