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You will receive cash flows of $24.58 next year from a perpetuity. The perpetuity is indexed to inflation, =1%, such that payments grow at 1.4%

You will receive cash flows of $24.58 next year from a perpetuity. The perpetuity is indexed to inflation, =1%, such that payments grow at 1.4% faster than inflation. If the interest rate is 8.3% per year, what is the PV of the perpetuity?

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