Question
A growing perpetuity' with a first payment of $17,500 grows at a constant rate, g. If the present value of this perpetuity is $1,000,000, what
A growing perpetuity' with a first payment of $17,500 grows at a constant rate, g. If the present value of this perpetuity is $1,000,000, what is the growth rate of the cash flows, given that the interest rate is 6%? Question content area bottom Part 1 A. 4.25% B. 10.75% C. 1.75% D. 6% E. 6.75%
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Essentials Of Real Estate Finance
Authors: David Sirota
11th Edition
1419520911, 9781419520914
