Given an interest rate of 4.1 percent per year, what is the value at date t =

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Given an interest rate of 4.1 percent per year, what is the value at date t = 7 of a perpetual stream of $5,200 payments that begins at date t = 15?

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Fundamentals of Corporate Finance

ISBN: 978-0077861704

11th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Nov 21, 2016 08:15 AM

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Given an interest rate of 4.1 percent per year, what is the value at date t =

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The time line is 0 1 7 14 15 PV 5200 5200 5200 5200 To f...View the full answer

Fundamentals of Corporate Finance

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