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Please show step by step 1.Find the value today of an asset that has just paid cashflow of $620, and that cashflow is expectedto grow

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1.Find the value today of an asset that has just paid cashflow of $620, and that cashflow is expectedto grow at a constant rateof 3.80% in perpetuity. The required returnon the asset is 8.60%.Please them in sequence numbers 1,2, and 3.

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