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The predicted cash flow for next year by Goodrade Enterprises will be $3,60 Million. The cash flows are anticipated to maintain a growth rate of

The predicted cash flow for next year by Goodrade Enterprises will be $3,60 Million. The cash flows are anticipated to maintain a growth rate of 7.25% forever. If the required return is 10%, what is the present value of the cash flows? Round your answer to two decimal places in percentage form.

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