Question
10. Using the constant growth perpetuity formula at the end of Chapter 3, assume that you will receive $48,000 at the end of the first
10. Using the constant growth perpetuity formula at the end of Chapter 3, assume that you will receive $48,000 at the end of the first year this cash flow will grow 4.7% annually forever after that. With a cost of money of 9.5 percent, what is this opportunity worth today?
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
