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Carrie will recelve her grandfather's farm when he dies. The farm is expected to earn $100,000 each year forever. Carrie expects her grandfather will die

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Carrie will recelve her grandfather's farm when he dies. The farm is expected to earn $100,000 each year forever. Carrie expects her grandfather will die in 13 years after that year's cash flow has been paid. The appropriate discount rate is 5%. What is the value of Carrie's inheritance when her grandfather dies? What is the value of Carrie's inheritance today? Carrie will recelve her grandfather's farm when he dies. The farm is expected to earn $100,000 each year forever. Carrie expects her grandfather will die in 13 years after that year's cash flow has been paid. The appropriate discount rate is 5%. What is the value of Carrie's inheritance when her grandfather dies? What is the value of Carrie's inheritance today

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