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An investment offers $8328 per year for 10 years, with the first payment occurring one year from now. If the required return is 9.9 percent,

An investment offers $8328 per year for 10 years, with the first payment occurring one year from now. If the required return is 9.9 percent, what would the value be if the payments occurred forever? (Round final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456 should be entered as 123456.)

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