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Given an interest rate of 9 percent per year, what is the value at date t= 6 of a perpetual stream of $1,400 payments with

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Given an interest rate of 9 percent per year, what is the value at date t= 6 of a perpetual stream of $1,400 payments with the first payment at date t= 13? Multiple Choice $9,089.76 $9,460.77 $8,509.42 $9,275.27 $15,655.56

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