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Compute the present value of a perpetuity that pays $ 13,973 annually given a required rate of return of 15 percent per annum.(Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).

Compute the present value of a perpetuity that pays $ 13,973 annually given a required rate of return of 15

percent per annum.(Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).

 
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