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You are considering investing in a business that promises to pay out annual dividends indefinitely. The business is expected to pay $ 6 , 4

You are considering investing in a business that promises to pay out annual dividends indefinitely. The business is expected to pay $6,473 in dividends at the end of each year, starting from the end of the current year. If the discount rate is 14% annually, calculate the value of the investment now. Please write the answer in two decimal places.
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