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Curtis owns investment A and 1 bond B . The total value of his holdings is $ 3 , 1 8 0 . 0 0
Curtis owns investment A and bond B The total value of his holdings is $ Bond B has a coupon rate of percent, par value of $ YTM of percent, years until maturity, and semiannual coupons with the next coupon due in months. Investment A is expected to produce cash flows forever. The next cash flow is expected to be X in year, and subsequent annual cash flows are expected to increase by percent each year forever. The expected return for investment A is percent. What is X the annual cash flow that will be paid in year from now by investment A
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