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A growing perpetuity of annual cash flows begins with $1000 at the end of this year. The growth rate of the cash flows is 3.5%

A growing perpetuity of annual cash flows begins with $1000 at the end of this year. The growth rate of the cash flows is 3.5% and the discount rate is 11%. What is the value of the perpetuity in 3 years?

$14,782.91

$13,333.33

$0

$18,235.08

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