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A biotech firm has forecast the following cash flows for the next three years. $2.60, $3.25, and $3.90. The company then expects cash flows to
A biotech firm has forecast the following cash flows for the next three years. $2.60, $3.25, and $3.90. The company then expects cash flows to grow at a constant rate of 5% forever. If the required ra...
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
9th edition
78034698, 978-0077502287, 77502280, 978-0078034695
