Given an interest rate of 46 percent per year what is the


Given an interest rate of 4.6 percent per year, what is the value at date t = 5 of a perpetual stream of $3,000 payments that begins at date t = 10? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Financial Management: Given an interest rate of 46 percent per year what is the
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