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LO1 52 Calculating Present Value of a Perpetuity Given an interest rate of 6.35 percent per year, what is the value at Year 7 of

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LO1 52 Calculating Present Value of a Perpetuity Given an interest rate of 6.35 percent per year, what is the value at Year 7 of a perpetual stream of $7,000 payments that begin at Year 20

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