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Suppose that you have inherited a perpetuity that will pay $ 822 each year. Assuming the first payment will occur one year from now

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Suppose that you have inherited a perpetuity that will pay $ 822 each year. Assuming the first payment will occur one year from now and that the annual opportunity cost of capital is 3%, what is the value of this perpetuity today? Round your final answer to two decimals.

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