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The cash flow in year 1 is $2,000. Starting year 2, the cash flow will grow at X% per year forever. The initial cost is

The cash flow in year 1 is $2,000.

Starting year 2, the cash flow will grow at X% per year forever.

The initial cost is $6,000.

The required return is 16%.

The net present value of this project is $10,000.

What does X need to be?

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