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Calculate the present value of the following stream of cash flows. The discount rate is 10%. The CF at t=0 is $1000. CFs grow at
Calculate the present value of the following stream of cash flows. The discount rate is 10%.
- The CF at t=0 is $1000. CFs grow at 12% for the first 6 years. Beyond that CFs grow at a rate of 4% forever.
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Precalculus
Authors: Michael Sullivan
9th edition
321716835, 321716833, 978-0321716835
