Calculate the present value of a growing annuity given the following information: annual cash flows = $300,000; cash flow growth rate = 3%; required rate of return = 10%; timeframe = 55years.

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The present value of a growing annuity is calculated using the following formula:PV = C * [1 - (1 + g) / (1 + r)^n] / (r - g)where:C = annual cash flowg = cash flow growth rater = required rate of returnn = timeframeIn this case, the annual cash flow is $300,000, the cash flow growth rate is 3%, the required rate of return is 10%, and the timeframe is 55 years. Plugging these values into the formula, we get:PV = $300,000 * [1 - (1 + 0.03) / (1 + 0.10)^55] / (0.10 - 0.03)= $300,000 * [1 - 0.1258 / 17.0000] / 0.07= $300,000 * [1 - 0.0074] / 0.07= $300,000 * 0.9926 / 0.07= $4,170,509Therefore, the present value of the growing annuity is $4,170,509.

Calculate the Present Value of a Growing Annuity Given the Following