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Compute the present value of a growth perpetuity whose first payment of $100 is received 4 years from today. Payments grow at 5% per
Compute the present value of a growth perpetuity whose first payment of $100 is received 4 years from today. Payments grow at 5% per year thereafter and the rate of interest is 10% per year.
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To calculate the present value of a growth perpetuity we can use the formula PV C r g Where PV is th...
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
