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Consider the following cash flow: $50 next year, and in each subsequent year the cash flow grows by 6%. The cash flow series continues forever.
Consider the following cash flow:
$50 next year, and in each subsequent year the cash flow grows by 6%.
The cash flow series continues forever.
If the interest rate is 10%, what is the PV of this cash flow?
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To find the present value PV of this infinite cash flow series you can use the formula fo...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
