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1. What discount rate would make you indifferent between receiving $3,112.00 per year forever and $5,861.00 per year for 28.00 years? Assume the first payment
1. What discount rate would make you indifferent between receiving $3,112.00 per year forever and $5,861.00 per year for 28.00 years? Assume the first payment of both cash flow streams occurs in one year.
2. What discount rate would make you indifferent between receiving $3,276.00 per year forever and $5,120.00 per year for 29.00 years? Assume the first payment of both cash flow streams occurs in one year.
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