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10. An asset promises the following series of cash flows: $4,600 in year one: $7,200 in year two; $8.500 in year three; and $9,200 in
10. An asset promises the following series of cash flows: $4,600 in year one: $7,200 in year two; $8.500 in year three; and $9,200 in year four. After year four, the cash flows are expected to grow at a constant rate of 3.6% in perpetuity. The RRR on the asset is 13.60%. Calculate the value of the asset today
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