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You are a financial analyst advising a client on investment opportunities. Your client is considering purchasing a commercial property and wants to understand the potential

You are a financial analyst advising a client on investment opportunities. Your client is considering purchasing a commercial property and wants to understand the potential income streams from buying an office space with a perpetuity lease agreement, guaranteeing an annual rental income of $70,000. The property has a required rate of return of 6%. What would be the present value of such an investment?

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