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Question 5 Determine the present value of a payment stream that pays a rate of 5t at time 1. The payments start at time 0

Question 5 Determine the present value of a payment stream that pays a rate of 5t at time 1. The payments start at time 0 and they continue indefinitely. The annual effective interest rate is 7%. (a) 1,092 (b) 2,092 (c) 3,092 (d) 4,092 (e) 5,092

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