Question
Assume the appropiate discount rate is 4%. A company will receive a payment every year forever, which will grow at 3% annually. The amount of
Assume the appropiate discount rate is 4%. A company will receive a payment every year forever, which will grow at 3% annually. The amount of the first payment will be $3,000. What is the current value of this series of payments?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
11th Edition
1032241829, 978-1032241821
