Calculate the present value of cash flows, 1500 in the year 1 then grows at 2% every

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Calculate the present value of cash flows, 1500 in the year 1 then grows at 2% every year, using 10% discount rate. Round and write up to two decimals (e.g., 100.00). No characters including comma and $ and write only numbers.

Assume infinite cash flow.

Related Book For answer-question

Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

Posted Date: Jul 12, 2024 10:06 AM

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Calculate the present value of cash flows, 1500 in the year 1 then grows at 2% every

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Advanced Accounting

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