Question
A growing annuity will provide you with 6 annual payments with the first payment of $8000 occurring 4 years from now. The equilibrium market rate
A growing annuity will provide you with 6 annual payments with the first payment of $8000 occurring 4 years from now. The equilibrium market rate of interest is 10%/year compounded annual the growth rate of paymetns is 10%/year. The present value today (rounded to cents) of this annuity is_____________?
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Creating Financial Value A Guide For Senior Executives With No Finance Background
Authors: Malcolm Allitt
1st Edition
1472922719, 978-1472922717
