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An investment requires 20,000 today and produces yearly cash flow of 1200 in perpetuity. Cash flow is expected to grow at 2% a year. What
An investment requires 20,000 today and produces yearly cash flow of 1200 in perpetuity. Cash flow is expected to grow at 2% a year. What is the rate of return of this investment?
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
