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Suppose a condo generates $13,000 in cash flow at the end of year one. If the cash flows grow at 2% per year, the interest

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Suppose a condo generates $13,000 in cash flow at the end of year one. If the cash flows grow at 2% per year, the interest rate is 12% and the building will be torn down in 18 years (the building is worthless after 18 years), what is the most you would pay for the condo today Enter your response below (rounded to 2 decimal places) Number

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