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Given an interest rate of 9% per year, what is the value today of a perpetual stream of $500 annual payments that begins in one

Given an interest rate of 9% per year, what is the value today of a perpetual stream of $500 annual payments that begins in one year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Perpetuity value????

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