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Given an interest rate of 5.85 percent per year, what is the value today of a perpetual stream of $2,500 payments that begin at year

Given an interest rate of 5.85 percent per year, what is the value today of a perpetual stream of $2,500 payments that begin at year t-1z? A. $16,256.96 B. $17,208.00 C. $951.03 D. $42,735.04 12

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