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An investment promises to pay you $4,500 per year starting in 4 years. The cash flow from the investment is expected to increase by 1%

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An investment promises to pay you $4,500 per year starting in 4 years. The cash flow from the investment is expected to increase by 1% per year forever. If alternative investments of similar risk onto a return of 11% per year, determine the maximum you would be willing to pay for this investment today. Enter your response below (rounded to 2 decimal plaoon) 32903.61

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