2. 37. Growing annuity [LO 6.1] You have just won the lottery and will receive $1 500...
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2. 37.
Growing annuity [LO 6.1] You have just won the lottery and will receive $1 500 000 in one year. You will receive payments for 30 years and the payments will increase by 2.7 per cent per year. If the appropriate discount rate is 6.8 per cent, what is the present value of your winnings? Page 181
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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