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You have won a lottery that will pay you $789 per year (at the end of the year), forever (it can be bought/sold/transferred, or even
You have won a lottery that will pay you $789 per year (at the end of the year), forever (it can be bought/sold/transferred, or even left to someone in a will). Assuming a 30 year treasury is paying 4.5%, what is the fair price of this stream of payments?
Answer in numbers to two decimal places, do not use any commas or $ sign.
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