Question
Calculate the value today of a stream of cash flows growing at 8% per year for the next10 years, with the first cash flow being
Calculate the value today of a stream of cash flows growing at 8% per year for the next10 years, with the first cash flow being $20,000 to be received at the end of the first year. If the appropriate discount rate is 12%, what is the present value of this investment? FORMAT TO AT LEAST 6 DECIMAL PLACES
approx.143,076
approx.100,967
approx.112,782
approx. 152,442
approx.274,844
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
