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Consider an asset that generate a perpetual cash flow of $100,000 every 15 months. The relevant 15 months interest rate is 10%. a). how much

Consider an asset that generate a perpetual cash flow of $100,000 every 15 months. The relevant 15 months interest rate is 10%.

a). how much would the asset be worth today the first payment occurs in 6.25 years?

b) how much would the asset be worth today if the first payment occurs today?

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