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Investment X is expected to pay $100 five years from today (at t=5), and payments are expected to grow at a rate of 8 percent

Investment X is expected to pay $100 five years from today (at t=5), and payments are expected to grow at a rate of 8 percent per year thereafter (forever). What is the present value of all future cash flows from this investment if the relevant annual discount rate is 10 percent?

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