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Jensen's Shipping is expected to produce an annual cash flow of $218,900 next year. Thereafter, this cash flow is expected to decrease by 1.6 percent

Jensen's Shipping is expected to produce an annual cash flow of $218,900 next year. Thereafter, this cash flow is expected to decrease by 1.6 percent per year indefinitely. What is this firm worth today at a discount rate of 18 percent?

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