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Calculate the present value of $1 million paid at the end of every year in perpetuity, assuming a rate of return of 10% and a
Calculate the present value of $1 million paid at the end of every year in perpetuity,
assuming a rate of return of 10% and a constant growth rate of 6%.
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
