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A company is producing an annual cash flow of $ 5 0 , 0 0 0 , which is pays out to its shareholders on
A company is producing an annual cash flow of $ which is pays out to its shareholders on December every year. What would be the discounted value of those cash flows on January if you expect the company to continue making the exact same payment every year for the rest of time forever assuming that the appropriate discount rate is Assume the tax rate is zero.
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