SParrino, Fundamentals of Corporate Finance, 3e ssianment Gradebook ORION PM IM Problem 6.18 You are evaluating a growing perpetuity investment from a large financial services firm. The investment promises an initial payment of $15,000 at the end of this year and subsequent payments that will grow at a rate of 2.0 percent annually. If you use a 9 percent discount rate for investments like this, what is the present value of this growing perpetuity? (Round answer to 2 decimal places e.g. 15.25.) By accessing this Question Assistance, you will earn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 3 used SAVE FOR LATER SUSHIT ANSWER Earn Maximum Points available only if you answer this question correctly in two attempts or less