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A growing perpetuity is currently valued $6,225.81. The next annuity payment will be $386 and the discount rate is 9%. What is the annuity's rate
A growing perpetuity is currently valued $6,225.81. The next annuity payment will be $386 and the discount rate is 9%. What is the annuity's rate of growth?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
