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A project pays the investor $5 at t1 and t2. From t3 on, the cash flow will increase by 5%. For example, the cash flow
- A project pays the investor $5 at t1 and t2. From t3 on, the cash flow will increase by 5%. For example, the cash flow at t3 is $5.25, and the cash flow at t4 is $5.5125. The rate of return is 15%. Calculate the projects present value.
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
