Consider the numbered lines below:1)def price(PMT, IY, g) 2)…
Consider the numbered lines below:1)def price(PMT, IY, g) 2) return PMT / (IY – g) 3) 4)g = np.linspace(0, 0.09, 21) 5)IY = 0.1 6)PMT = 10 7)PV = np.zeros_like(g) 8)for i in range(len(g)): 9) PV = price(PMT, IY, g) 10)plt.plot(g, PV) 11)plt.xlabel(‘Growth Rate’) 12)plt.ylabel(‘Perpetuity with Growth Price’);If we execute the code above, we receive an error. In which line lies the error?