What is the present value of a promise to receive $100 forever, beginning next year (t-1), if the interest rate is 6% per year? O $1,600 O $1,588 O$1,667 O $1,500 QUESTION 16 What methods can we use to estimate the equity premium in CAPM? O All the above are valid as long as you stay consistent with your choice O None of the above O Historical averages O Consensus survey