Given an interest rate of 6.4 percent per year, what is the value at t = 7

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Given an interest rate of 6.4 percent per year, what is the value at t = 7 of a perpetual stream of $3,250 payments that begin at t = 15?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Apr 03, 2018 02:20 AM

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Given an interest rate of 6.4 percent per year, what is the value at t = 7

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The time line is To find the value of the perpetuity at T 7 we first need to use t...View the full answer

Corporate Finance Core Principles and Applications

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