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What is the present value of a perpetual stream of cash flows that pays $7,000 at the end of year one and the annual cash

What is the present value of a perpetual stream of cash flows that pays $7,000 at the end of year one and the annual cash flows grow at a rate of 2% per year indefinitely, if the appropriate discount rate is 12%? What if the appropriate discount rate is 10%?

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