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What is the present value of a growing perpetuity, where the first payment of $28 occurs 6 months from now, after which payments will grow

What is the present value of a growing perpetuity, where the first payment of $28 occurs 6 months from now, after which payments will grow at the constant rate of 1.2% per annum, and where the interest rate is 11% p.a., compounded semi-annually?

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