=6. What is the present value of a cash flow stream of $1,000 per year annually for

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=6. What is the present value of a cash flow stream of $1,000 per year annually for 16 years that then grows at 5 percent per year forever when the discount rate is 12 percent?

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Analysis For Financial Management

ISBN: 9780073382319

9th Edition

Authors: Robert C Higgins

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