Given an interest rate of 5.45 percent per year, what is the value at year t =
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Given an interest rate of 5.45 percent per year, what is the value at year t = 7 of a perpetual stream of $2,500 payments that begin at year t = 20?
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Here we need to find the present value of a perpetuity at a date before the perpetuity ...View the full answer
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Related Book For 
Essentials Of Corporate Finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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