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Sam owns a business that has $45,000 per month in net cash flows. Assuming this business can grow by 3% annually in perpetuity and the 

Sam owns a business that has $45,000 per month in net cash flows. Assuming this business can grow by 3% annually in perpetuity and the appropriate discount rate is 8% what is the current value of this business? (answer is 11,124,000, I just need to know how to do it please and thank you)

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