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Calculate the present value of a growing annuity

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Calculate the present value of a growing annuity given the following information: current cash flows: $160,000; cash flow growth rate = 4%; timeframe = 40 years; required rate of return = 9%. Multiple Choice $2,610,871 $2,510,871 $2,710,871 $2,310,871 $2,410,871

Reference no: EM132654645

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