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What is the present value of a perpetuity of $9,393 per year given an interest rate of 7.3%, assuming that the first cash flow

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What is the present value of a perpetuity of $9,393 per year given an interest rate of 7.3%, assuming that the first cash flow occurs today (that is, in year O)? Record your answer as a dollar amount rounded to 2 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $12,327.24987 as 12327.25.

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