What is the intuition behind the fact that an infinite stream of cash flows has a finite

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What is the intuition behind the fact that an infinite stream of cash flows has a finite present value?

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Corporate Finance

ISBN: 9780273792024

3rd Global Edition

Authors: Peter Demarzo, Jonathan Berk

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Question Posted: Jun 11, 2024 01:04 AM

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What is the reasoning behind the fact that an infinite stream of cash flows has a finite present value?
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What is the intuition behind the fact that an infinite stream of cash flows has a finite

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Corporate Finance

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