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25-02-2024
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Calculate the present value of a growing annuity given the following information: current cash flows: $260,000; cash flow growth rate = 6%; timeframe = 65 years; required rate of return = 14%.
A. $3,621,296
B. $3,521,296
C. $3,421,296
D. $3,321,296
E. $3,221,296

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