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Find the PV of a growing perpetuity with grows rate of 3% that pays you each year starting from year 6 (i.e., it pays you

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Find the PV of a growing perpetuity with grows rate of 3% that pays you each year starting from year 6 (i.e., it pays you at years 6, 7, 8, ...) with the first payment of $1000 if annual interest rate is 15% A $4,143 $8,333 $4,729 $4,222 $3,603

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