Shannah was calculating the value of a potential acquisition of Flexxar Corporation that would permanently change the cash flows of her own company.$$ In doing her Discounted Cash Flow $($DCF$)$ Valuation, she knew she could only reliably forecast the cash flows of Flexxar for five $(5)$ years.$$ In an attempt to capture the$$total$$value of the acquisition, she decided to calculate a so$-$called Terminal Value $($growing perpetuity$)$ for Years $5$ and beyond that would account for all the years of potential cash flow$$after$$the final forecasted $5$th year.$$ She knew the following:

$5$th$($final$)$ forecasted year cash flow $($C$)$

$$2,250,000$

Cost of Capital $($Discount Rate $$r$)$

$10\mathrm{.}5\%$

Perpetual growth rate $($g$)$ of cash flows

$2\mathrm{.}0\%$

$$

What was the$$PV$$of this Terminal Value?

Group of answer choices

$$16,388,997$

$$21,945,222$

$$21,514,924$

$$18,355,677$

$$19,856,472$