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The annual interest rate is 7.7%. The annual cash flow of a perpetuity is $543. The first cash flow of the perpetuity came 8 year(s)

The annual interest rate is 7.7%. The annual cash flow of a perpetuity is $543. The first cash flow of the perpetuity came 8 year(s) ago. Please find the PV of the perpetuity. [Hints/Example)

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