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Given an interest rate of 5.5 percent per year, what is the value at date t = 5 of a perpetual stream of $300 payments

Given an interest rate of 5.5 percent per year, what is the value at date t = 5 of a perpetual stream of $300 payments with the first payment at date t = 11?

b. 5,554.55

c. 4,256.93

d. 4,089.99

e. 4,173.46

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