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A perpetuity has a Cash flows of $1753. The cash flows will increase at a rate of 3.04%. If the interest rate is 9.90%, What
A perpetuity has a Cash flows of $1753. The cash flows will increase at a rate of 3.04%. If the interest rate is 9.90%, What is the present value of the growing perpetuity? NOTE: Submit your answers with 4 decimals after the dot. Do not include the "$" sign.
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