P6-50 Calculating Present Value of a Perpetuity (LO1] Given an interest rate of 9.5 percent per year, what is the value at date t= 9 of a perpetual stream of $1,600 payments with the first payment at date t=15? -1:16 Multiple Choice $10,484.60 $10,912.54 $9,770.38 $10,698.57 $16,942.11