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John wants to set up a 10 year GRAT and does not want to have a taxable gift. He wants to transfer $2,177,328 to the

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John wants to set up a 10 year GRAT and does not want to have a taxable gift. He wants to transfer $2,177,328 to the GRAT on 9/31/2020 when the 7520 interest rate is .4%. What annuity payment does he need to receive for there to be no taxable gift? (Round your answer to 2 decimal places)

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