Given an interest rate of 6.5 percent per year, what is the value at date t =

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Given an interest rate of 6.5 percent per year, what is the value at date t = 7 of a perpetual stream of $500 payments that begin at date t = 13?

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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