Given an interest rate of 7 percent per year, what is the value at date t=5 of a perpetual stream of $500 payments with the first payment at date t=12 ? Multiple Choice $4.448.21 $4,854.78 \begin{tabular}{l} $4,448.21 \\ $4,854.78 \\ $4,664.40 \\ $7,242.86 \\ \hline$4,759.59 \end{tabular}