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A perpetuity has a Cash flows of $694. The cash flows will increase at a rate of 4.51%. If the interest rate is 11.51%, What

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A perpetuity has a Cash flows of $694. The cash flows will increase at a rate of 4.51%. If the interest rate is 11.51%, 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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