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Consider a financial instrument that will pay $100 next year and then will grow by 6%6 a year forever. If the interest rate is 11%,

Consider a financial instrument that will pay $100 next year and then will grow by 6%6 a year forever. If the interest rate is 11%, then the value of this asset is closest to: Selectone: a. $1667 b. $2000 c. $2588 d. $1809

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