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The ____ of a perpetual stream of equal, annual returns (PMT) discounted at i% per year is equal to ____. a. present value; PMT i

The ____ of a perpetual stream of equal, annual returns (PMT) discounted at i% per year is equal to ____.

a. present value; PMT i
b. future value; PMT/i
c. future value; PMT i
d. present value; PMT/i

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