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Calculate the present value of a growing annuity given the following information: current cash flows: $220,000; cash flow growth rate = 5%; timeframe = 55

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Calculate the present value of a growing annuity given the following information: current cash flows: $220,000; cash flow growth rate = 5%; timeframe = 55 years; required rate of return = 12%. Select one: O A $2,852,545 O B. $3,052,545 O C. $3,152,545 O D. $3,252,545 O E $2,952,545

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