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Casil I BIOW al 370 dilldan y. ille value Or stream of cash flows today must be determined. We can use the formula for a

Casil I BIOW al 370 dilldan y. ille value Or stream of cash flows today must be determined. We can use the formula for a growing annuity (Eq. 4.8) or Excel to solve this. C= 2, r= 0.10, g = 0.05, N=17 Execute: PV = 2 0.10 -0.05 :=21.86 8

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