Given a discount rate of 7.2 percent per year, what is the value at Date t=...
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Given a discount rate of 7.2 percent per year, what is the value at Date t= 9 of a perpetual stream of $3,950 payments with the first payment at Year 19? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Value at Year 9 Given a discount rate of 7.2 percent per year, what is the value at Date t= 9 of a perpetual stream of $3,950 payments with the first payment at Year 19? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Value at Year 9
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