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You are trying to value the following investment opportunity: The investment will cost you $6,130 today. In exchange for your investment you will receive cash

You are trying to value the following investment opportunity: The investment will cost you $6,130 today. In exchange for your investment you will receive cash payments in perpetuity. The first payment will occur after one year and will be $261. Afterwards, cash payments will grow by 1.7% annually. The applicalbe interest rate for this investment opportunity is 7.3% (effective annual rate). Calculate the NPV of this investment opportunity. Round to two decimals (do not include the $-sign in your answer).

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