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Gumtree Ltd will invest in an asset that is currently trading at $ 1 7 1 , 0 0 0 . This is expected to

Gumtree Ltd will invest in an asset that is currently trading at $171,000. This is expected to generate a quarterly cash flow that grows at a constant rate of 6% p.a. compounded quarterly forever. The expected cost of capital is 10% p.a. compounded annually. How much would the first cash flow be from such an asset?
Group of answer choices
a. $1,107.52
b. $1,789.65
c. $1,558.44
d. $1,324.61
e. $1,961.37

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