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What is the present value of a cash flow stream of $1,000 per year annually for 14 years that then grows at 2.8 percent per

What is the present value of a cash flow stream of $1,000 per year annually for 14 years that then grows at 2.8 percent per year forever when the discount rate is 12 percent? (Round intermediate calculations and final answer to 2 decimal places.)

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