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).