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What is the t=0 present value of the cash flow stream promised by an investment that will pay you $1,000 per year forever. The first

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What is the t=0 present value of the cash flow stream promised by an investment that will pay you $1,000 per year forever. The first cash flow of $1,000 takes place one year from today and the relevant interest rate is 5%? A. $16,000 B. $20,000 C. $12,000 D. $10,000

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