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O Points 0 of 1 Present value of a growing perpetuity What is the present...

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O Points 0 of 1 Present value of a growing perpetuity What is the present value of a perpetual stream of cash flows that pays 70 000 at the end of year one and then grows at a rate of 5 per year indefinitely The rate of interest used to discount the cash flows is 12 The present value of the growing perpetuity is S Round to the nearest cent CILE

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