Question: Problem 4 - 4 6 Calculating Present Value of a Perpetuity Given a discount rate of 5 . 2 percent per year, what is the

Problem 4-46 Calculating Present Value of a Perpetuity
Given a discount rate of 5.2 percent per year, what is the value at Date \( t=5\) of a perpetual stream of \(\$ 3,600\) annual payments that begins at Date \( t=10\)?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
Problem 4 - 4 6 Calculating Present Value of a

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