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    Exam 9: Intertemporal Choice-Part A
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    If the Interest Rate Is 5% and Will Be 5
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If the Interest Rate Is 5% and Will Be 5

Question 52

Question 52

True/False

If the interest rate is 5% and will be 5% forever, the present value of an income stream consisting of $10 a year paid to you on February 11 of every year, starting right now, is $210.

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