Question: (1 point) (Exercise 4.31) A perpetulty makes payments starting 4 years from today. The first payment is 51400 and each payment thereafter increases by k%

(1 point) (Exercise 4.31) A perpetulty makes payments starting 4 years from today. The first payment is 51400 and each payment thereafter increases by k% per year. The present value of this perpetuity is equal to $14530 when computed at i=10.2. Find k. k=

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