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An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash
An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate annually. We know that the cash flow expected in 3 year(s) from today is expected to be 1,780 dollars and the cash flow expected in 8 years from today is expected to be 2,780 dollars. What is the cash flow expected to be in 5 years from today?
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