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A firm earned $115,000,000 cash in the most recent fiscal year. The cash flow is expected to grow 2.50% annually in perpetuity. Given a discount
A firm earned $115,000,000 cash in the most recent fiscal year. The cash flow is expected to grow 2.50% annually in perpetuity. Given a discount rate of 9.15%, what is the current value of these cash flows?
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