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A silver mine is for sale. The mine's cash flows are $250,000 at the end of this year. If the mine's cash flows decrease by

A silver mine is for sale. The mine's cash flows are $250,000 at the end of this year. If the mine's cash flows decrease by decrease at a rate of 2.7% indefinitely. What is the mine's value if the discount rate is 8.5%? (Provide your solution as decimal with two digits of accuracy.)

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