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Given an interest rate of 9.5 percent per year, what is the value at date t= 10 of a perpetual stream of $1,200 payments with

Given an interest rate of 9.5 percent per year, what is the value at date t= 10 of a perpetual stream of $1,200 payments with the first payment at date t= 18? Multiple Choice $6,558.20 $12,731.58 $6,825.89 $6,692.04 $6,11146

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